• Home
  • Artificial Intelligence
  • Cryptocurrencies
  • Technology
  • Gold
  • Stocks
    RedditBluesky
    • Home
    • Artificial Intelligence
    • Cryptocurrencies
    • Technology
    • Gold
    • Stocks
    Home » News » Historic Pipeline Deal Gives Indigenous Group Ownership in Enbridge Asset

    Historic Pipeline Deal Gives Indigenous Group Ownership in Enbridge Asset

    Indigenous Nations Gain $715M Stake in Enbridge’s Legacy Pipeline, Ushering in a New Era of Economic Reconciliation

    Editorial Team (ET)June 7, 2025



    In a landmark move that signals a new chapter in Indigenous economic empowerment, Enbridge Inc. has announced the sale of a 12.5% stake in its Westcoast natural gas pipeline system to a coalition of 36 First Nations in British Columbia. The transaction, valued at approximately $715 million, marks one of the largest Indigenous equity partnerships in Canadian energy infrastructure history and is being widely hailed as a tangible example of economic reconciliation.

    The First Nations group, operating under the Stonlasec8 Indigenous Alliance Limited Partnership, will acquire their stake through a financing arrangement supported by a $400 million loan guarantee from the newly launched Canada Indigenous Loan Guarantee Corporation, a subsidiary of the Canada Development Investment Corporation. This strategic backstop, designed to accelerate Indigenous participation in major resource projects, enabled the deal to reach commercial viability. Pending final financing arrangements and regulatory approvals, the transaction is expected to close by the end of Q2 2025.

    The Westcoast pipeline system is no stranger to the communities it now partially belongs to. Spanning more than 2,900 kilometres across British Columbia, the pipeline transports up to 3.6 billion cubic feet of natural gas per day from Fort Nelson and the B.C.-Alberta border to the U.S. border at Huntingdon/Sumas. For over 65 years, this network has delivered affordable, reliable energy to households and industries across B.C., Alberta, and the U.S. Pacific Northwest. But until now, the Indigenous communities whose lands the pipeline has traversed have not held direct ownership in the infrastructure that passes through their territories.

    Chief David Jimmie, President and Chair of Stonlasec8 and Chief of the Squiala First Nation, called the agreement a historic milestone for Indigenous economic sovereignty. He emphasized that this is not merely a business transaction—it’s a long-overdue recognition of First Nations’ inherent rights and a concrete step toward reconciliation. The economic benefits of the deal, he said, will fund long-term investments in housing, environmental stewardship, education, cultural revitalization, and critical infrastructure for the member Nations. “People often ask what economic reconciliation for Indigenous Peoples looks like,” Jimmie stated. “This is it.”

    From Enbridge’s perspective, the partnership reflects a growing shift in corporate strategy—one that views Indigenous inclusion as fundamental to long-term success. CEO Greg Ebel framed the transaction as a core component of Enbridge’s Indigenous Reconciliation Action Plan, which has guided several recent partnership agreements with Indigenous communities across Canada. “These partnerships allow Indigenous communities to beneficially invest in our operations and play a greater role in shaping Canada’s energy future,” Ebel said. “Our goal is to be the first-choice partner for the communities we serve.”

    Cynthia Hansen, Enbridge’s Executive Vice President and President of Gas Transmission and Midstream, reinforced the message, highlighting how the pipeline system remains a cornerstone of Western Canada’s energy infrastructure. According to Hansen, the partnership deepens existing relationships and reflects a shared commitment to energy security, sustainability, and shared prosperity. In her words, “This transaction provides an opportunity to build on our existing relationships with Indigenous communities and help advance reconciliation.”

    Gold News

    Mario Vetro’s Axcap Ventures: Drilling Holes in Junior Mining’s Problems

    The Government of Canada has also taken a prominent role in championing the agreement. Federal Minister of Finance François-Philippe Champagne called the loan guarantee “a testament to our commitment to fostering Indigenous economic reconciliation,” and Energy and Natural Resources Minister Tim Hodgson said the partnership “demonstrates how Indigenous leadership and resource development can drive long-term economic prosperity for all Canadians.”

    The financial structure of the transaction also speaks to the sophistication of the deal. TD Securities Inc. acted as financial advisor to the First Nations Partnership, with Boughton Law as legal counsel and MNP as business and tax advisors. On Enbridge’s side, RBC Capital Markets served as financial advisor, while McCarthy Tétrault handled legal matters. The level of coordination required to execute such a complex transaction illustrates the growing institutional capacity within Indigenous-led entities to manage large-scale commercial deals on their own terms.

    This announcement also comes on the heels of another major collaboration involving Enbridge and Indigenous partners—the Seven Stars Energy Project in Saskatchewan. That wind energy development, in partnership with Six Nations Energy Development LP, aims to generate 200 megawatts of clean electricity and serve over 100,000 homes. Together with the Westcoast pipeline deal, these projects signal a new model of energy development in Canada—one that places Indigenous ownership and participation at the forefront of the industry.

    Canadian Exploration

    Military Metals Gains Key Position in Antimony Market with West Gore Acquisition

    Looking ahead, the significance of this agreement stretches far beyond the pipeline’s steel and gas flow. It’s about rewriting a legacy. For decades, Indigenous communities were sidelined in Canada’s resource economy—consulted, perhaps, but rarely co-owners. This deal upends that paradigm. It gives First Nations a meaningful stake in an asset that has long run through their lands and aligns with broader efforts to redefine resource governance through partnership, equity, and respect.

    In a time when energy transition narratives dominate headlines, this deal serves as a powerful reminder: the future of energy in Canada won’t be built solely by governments or corporations. It will be forged in partnership with the Indigenous Peoples who have stewarded the land since time immemorial—and who now, with ownership in hand, are helping to shape the future of Canadian infrastructure, policy, and prosperity.

    Conclusion

    This isn’t just another corporate transaction—it’s a tectonic shift in how energy infrastructure gets built and owned in Canada. The sale of a stake in the Westcoast pipeline to 36 First Nations through the Stonlasec8 Alliance isn’t just good business—it’s a statement. It reflects a maturing industry, a more inclusive economy, and a long-overdue reckoning with Canada's past. With a $715 million investment and a $400 million federal loan guarantee, Indigenous communities are stepping into boardrooms once closed to them. And as they do, the country takes a giant step forward on the road to true reconciliation.






    Disclaimer


    This report should not be viewed as investment advice or as an offer to buy or sell any securities or as an invitation or solicitation of an offer to buy or sell any securities. Neither the author of this report, its publisher, nor any other person associated with the publication of this report, are registered brokers, investment dealers, investment advisers, or financial advisers. The information in this report has not been tailored to the particular needs or circumstances of readers and should not be relied upon as investment advice or recommendations to purchase or sell any of the securities presented in this report. Readers seeking investment advice should contact qualified and registered brokers, investment dealers, investment advisers, or financial advisers prior to making any decision to buy or sell any of the securities referred to in this report. The information in this report should not be construed as investment, legal, or tax advice. No recommendation is made as to whether an investment in the presented securities is suitable for any reader in light of the reader’s particular circumstances.

    Readers are cautioned that the publisher of this report covers exclusively securities that carry a high degree of volatility. Investing in such securities is highly speculative and carries a high degree of risk. Investors in such securities could lose all or a substantial portion of their investment. Only those investors who can afford to lose all or a substantial portion of their investment should consider investing in the securities referred to in this report.

    This report may include information obtained from publicly available sources, including third-party reports or analysis. Neither the author nor publisher of this report, nor www.juniorstocks.com or its owners, have undertaken any independent investigation into the factual information used in this report, and the information in this report is provided without any warranty of any kind. No representations or warranties are provided regarding the accuracy or completeness of the information provided in this report. Statements of opinion or belief are those of the authors and/or publisher of this report. These statements of opinion or belief are expressions of the author’s and/or publisher’s judgment, and there is no guarantee that those judgments will turn out to be correct. No inference should be drawn that the author and/or publisher have any special or greater knowledge about the presented companies or their securities, or any particular expertise in the industries or markets in which the company operates. Readers should conduct their own due diligence and seek professional advice prior to investing in any securities presented on Juniorstocks.com.

    Certain statements in this report constitute “forward-looking” statements. Forward-looking statements often, but not always, are identified by the use of words such as “seek,” “anticipate,” “believe,” “plan,” “estimate,” “expect,” “targeting,” and “intend” and statements that an event or result “may,” “will,” “should,” “could,” or “might” occur or be achieved and other similar expressions. Forward-looking statements express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance; they are not statements of historical facts and should not be viewed as any guarantee of any future result. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. The author and/or publisher of this report disclaims any obligation to update the forward-looking statements in this report, whether as a result of new information, future events, or results or otherwise. There is no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

    The information provided in this report is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to applicable law or regulation, or would subject the author or publisher of this report to any registration requirement in such jurisdiction or country.

    Information about the editor of this publication:
    Juniorstocks.com is a service provided by Piccadilly Capital Group, Office 66, 101 Clapham High Street, London, SW4 7TB, UK. Piccadilly Capital Group is not the publisher of this report and was not paid for the publication of this report. Piccadilly Capital Group seeks to generate web traffic and a growing number of followers through the publication of articles or reports. Directors, officers, and other insiders of the publisher own an interest in Piccadilly Capital Group. Piccadilly Capital Group does not endorse or recommend the business, products, services, or securities of any company mentioned on www.juniorstocks.com. Piccadilly Capital Group will not share your information with any outside third parties. Due to the new data protection basic regulation, we ask you to read our data protection declaration carefully.

    Note on copyright:
    The contents published on this website and on connected media (e.g., e-mail, X, Facebook) are subject to applicable copyright and ancillary copyright laws. Any use not permitted by applicable copyright and ancillary copyright laws requires the prior written consent of the provider or the respective rights holder. In particular, this applies to the duplication, editing, translation, storage, processing, or reproduction of content in databases or other electronic media and systems. Contents and rights of third parties are marked as such. Unauthorized reproduction or transmission of individual contents or complete pages is not permitted and is punishable by law. Only the production of copies and downloads for personal, private, and non-commercial use is permitted. Links to the provider's website are always welcome and do not require the consent of the provider of the website. Photos and images on the website may not be shared unless the publisher itself has acquired the initial rights from authorized sources. The presentation of this website in external frames is only allowed with written permission. If you notice any violations, please inform us. Please note: The content of our articles, emails, or other publications or social networks such as X, LinkedIn or Facebook is exclusively intended for the designated addressee(s). If you are not the addressee of these articles, emails, or other publications in the market letter or social networks such as Twitter or Facebook or his or her legal representative, please note that any form of publication, reproduction, or distribution of the content of these articles, emails, or other publications in the market letter or social networks such as X, LinkedIn or Facebook is prohibited. Falsifications of the original content of this message during data transmission cannot be excluded in principle.


    Claw and Order: Antimony Rules the Resource Realm
    Read Next

    Claw and Order: Antimony Rules the Resource Realm

    • RIDE THE BULL

      Your Front Row Seat to the Stories That Move Markets. – Subscribe Now to our Newsletter!

    • Trending Now

      • Data, Discipline, and Dumbbells: Jason Del Vicario Portfolio Built to Last
        Data, Discipline, and Dumbbells: Jason Del Vicario Portfolio Built to Last
      • Crude Moves: Oil Execs Fill Up on Their Own Stock
        Crude Moves: Oil Execs Fill Up on Their Own Stock
      • Crash-Tested: Tesla Takes a Hit from Trump and Musk's Meltdown
        Crash-Tested: Tesla Takes a Hit from Trump and Musk's Meltdown
      • Lululemon’s $264 Yoga Pose: A 20% Downward Dog Disaster
        Lululemon’s $264 Yoga Pose: A 20% Downward Dog Disaster

    Claim Your Spot with Juniorstocks.com

    Unlock the stories that move markets directly in your inbox


    ContactDisclaimerData PrivacyTerms of Use
    • Bluesky
    • Reddit
    Copyright 2025 ©Juniorstocks.com - All Rights Reserved.
    Press enter/return to begin your search