In a landmark deal, 36 B.C. First Nations will acquire a 12.5% stake in Enbridge’s Westcoast natural gas pipeline through a $715 million investment backed by a $400 million federal loan guarantee—the largest under Canada’s new Indigenous Loan Guarantee Program. The agreement marks a major step in economic reconciliation, giving communities long-term revenue from infrastructure operating on their land for decades. Enbridge and Indigenous leaders emphasized the importance of Indigenous equity in future energy projects and called for regulatory reforms to support investment and development.
