Alberta
New $1 billion pipeline deal spreads Indigenous ownership through Alberta, B.C. and Saskatchewan
From the Canadian Energy Centre
By Will Gibson
‘We are writing the history of tomorrow today, not living the outcomes of our forefathers’
In a landmark agreement announced July 30, a consortium of up to 72 Indigenous communities in Alberta, British Columbia and Saskatchewan will buy a 5.34 per cent stake in TC Energy’s NGTL natural gas network.
The agreement is backed by a $1 billion loan guarantee from the Alberta Indigenous Opportunities Corporation (AIOC).
TC Energy’s sprawling NGTL network spans 25,000 kilometres and handles about 10 per cent of North America’s natural gas, connecting production in Alberta and British Columbia to domestic and export markets.
The loan guarantee has similarly impressive scope and size, quadrupling the AIOC’s previous largest financial commitment, a $250 million loan guarantee provided to 23 Indigenous communities in September 2022 to help purchase an 11.57 per cent stake in seven Enbridge oil sands pipelines in northern Alberta.
The deal will raise the AIOC’s support of Indigenous equity ownership in resource projects to over $1.68 billion since 2019.
“I’ve participated in three of these transactions, including the Enbridge loan guarantee, and you can see an evolution in the size and complexity of these agreements,” says Justin Bourque, founder and president of Âsokan Generational Developments, a consultancy that specializes in partnerships between Indigenous communities and industry.
“They are building on the good work from previous deals and it’s wonderful to see the AIOC expanding into neighbouring provinces, where these types of agreements will have significant benefits to the participating Nations in B.C. and Saskatchewan as well as Alberta.”
Âsokan Generational Developments president and founder Justin Bourque pictured on his trap line in northern Alberta with the Long Lake oil sands facility in the background. Photo for Canadian Energy Centre
The new agreement also demonstrates growing comfort among Indigenous communities, industry players and lenders as these equity arrangements become more commonplace, says Heather Exner-Pirot, director of energy, natural resources and environment at the Macdonald-Laurier Institute, an Ottawa-based think tank.
“There are some formidable challenges with trying to negotiate with multiple communities across different treaty areas and provinces, but this shows the confidence the Alberta government has in backstopping these bespoke deals with communities and companies when the merits of the project deserves it,” says Exner-Pirot, who also serves as a special advisor to the Business Council of Canada.
“It also demonstrates the confidence from the lenders in these equity deals for pipelines. And that confidence is well founded because these existing pipelines are a stable business that generate the revenues to pay back the loan as well as income for the communities to use as well.”
The announcement builds on momentum for Indigenous ownership of Canadian energy projects, including June’s announcement that the Haisla Nation and Pembina Pipeline Corporation will move ahead with the Cedar LNG project.
The floating LNG export facility on Canada’s west coast will be the world’s first with Indigenous majority ownership.
Bourque sees the agreements providing a framework for future partnerships between Indigenous communities, government and industry beyond equity ownership.
“This is an important stepping stone in our evolution and it’s exciting to see it continue through pursuing opportunities in energy development, decarbonization and energy transition projects,” Bourque says.
“We are writing the history of tomorrow today, not living the outcomes of our forefathers.”
Exner-Pirot also sees a bright future for collaborations between Indigenous communities and energy companies, in part because the federal, Saskatchewan and BC governments now also offer loan guarantee programs.
“These deals take months, if not years, to come together and what this shows is the AIOC, Indigenous communities and energy companies have found a template that works,” she says.
“The NGTL loan guarantee is the biggest but it won’t be the last one.”
Alberta
Danielle Smith slams Skate Canada for stopping events in Alberta over ban on men in women’s sports
From LifeSiteNews
The Alberta premier has denounced Skate Canada as ‘disgraceful’ for refusing to host events in the province because of a ban on ‘transgender’ men in women’s sports.
Alberta Premier Danielle Smith has demanded an apology after Skate Canada refused to continue holding events in Alberta.
In a December 16 post on X, Smith denounced Skate Canada’s recent decision to stop holding competitions in Alberta due to a provincial law keeping gender-confused men from competing in women’s sports.
“Women and girls have the right to play competitive sports in a safe and fair environment against other biological females,” Smith declared. “This view is held by a vast majority of Albertans and Canadians. It is also common sense and common decency.”
Women and girls have the right to play competitive sports in a safe and fair environment against other biological females.
This view is held by a vast majority of Albertans and Canadians. It is also common sense and common decency.
Skate Canada‘s refusal to hold events in… pic.twitter.com/n4vbkTx6B0
— Danielle Smith (@ABDanielleSmith) December 16, 2025
“Skate Canada‘s refusal to hold events in Alberta because we choose to protect women and girls in sport is disgraceful,” she declared.
“We expect they will apologize and adjust their policies once they realize they are not only compromising the fairness and safety of their athletes, but are also offside with the international community, including the International Olympic Committee, which is moving in the same direction as Alberta,” Smith continued.
Earlier this week, Skate Canada announced their decision in a statement to CBC News, saying, “Following a careful assessment of Alberta’s Fairness and Safety in Sport Act, Skate Canada has determined that we are unable to host events in the province while maintaining our national standards for safe and inclusive sport.”
Under Alberta’s Fairness and Safety in Sport Act, passed last December, biological men who claim to be women are prevented from competing in women’s sports.
Notably, Skate Canada’s statement failed to address safety and fairness concerns for women who are forced to compete against stronger, and sometimes violent, male competitors who claim to be women.
Under their 2023 policy, Skate Canada states “skaters in domestic events sanctioned by Skate Canada who identify as trans are able to participate in the gender category in which they identify.”
While Skate Canada maintains that gender-confused men should compete against women, the International Olympic Committee is reportedly moving to ban gender-confused men from women’s Olympic sports.
The move comes after studies have repeatedly revealed what almost everyone already knew was true, namely that males have a considerable innate advantage over women in athletics.
Indeed, a recent study published in Sports Medicine found that a year of “transgender” hormone drugs results in “very modest changes” in the inherent strength advantages of men.
Additionally, male athletes competing in women’s sports are known to be violent, especially toward female athletes who oppose their dominance in women’s sports.
Last August, Albertan male powerlifter “Anne” Andres was suspended for six months after a slew of death threats and harassments against his female competitors.
In February, Andres ranted about why men should be able to compete in women’s competitions, calling for “the Ontario lifter” who opposes this, apparently referring to powerlifter April Hutchinson, to “die painfully.”
Interestingly, while Andres was suspended for six months for issuing death threats, Hutchinson was suspended for two years after publicly condemning him for stealing victories from women and then mocking his female competitors on social media. Her suspension was later reduced to a year.
Alberta
Alberta’s huge oil sands reserves dwarf U.S. shale
From the Canadian Energy Centre
By Will Gibson
Oil sands could maintain current production rates for more than 140 years
Investor interest in Canadian oil producers, primarily in the Alberta oil sands, has picked up, and not only because of expanded export capacity from the Trans Mountain pipeline.
Enverus Intelligence Research says the real draw — and a major factor behind oil sands equities outperforming U.S. peers by about 40 per cent since January 2024 — is the resource Trans Mountain helps unlock.
Alberta’s oil sands contain 167 billion barrels of reserves, nearly four times the volume in the United States.
Today’s oil sands operators hold more than twice the available high-quality resources compared to U.S. shale producers, Enverus reports.
“It’s a huge number — 167 billion barrels — when Alberta only produces about three million barrels a day right now,” said Mike Verney, executive vice-president at McDaniel & Associates, which earlier this year updated the province’s oil and gas reserves on behalf of the Alberta Energy Regulator.
Already fourth in the world, the assessment found Alberta’s oil reserves increased by seven billion barrels.
Verney said the rise in reserves despite record production is in part a result of improved processes and technology.
“Oil sands companies can produce for decades at the same economic threshold as they do today. That’s a great place to be,” said Michael Berger, a senior analyst with Enverus.
BMO Capital Markets estimates that Alberta’s oil sands reserves could maintain current production rates for more than 140 years.
The long-term picture looks different south of the border.
The U.S. Energy Information Administration projects that American production will peak before 2030 and enter a long period of decline.
Having a lasting stable source of supply is important as world oil demand is expected to remain strong for decades to come.
This is particularly true in Asia, the target market for oil exports off Canada’s West Coast.
The International Energy Agency (IEA) projects oil demand in the Asia-Pacific region will go from 35 million barrels per day in 2024 to 41 million barrels per day in 2050.
The growing appeal of Alberta oil in Asian markets shows up not only in expanded Trans Mountain shipments, but also in Canadian crude being “re-exported” from U.S. Gulf Coast terminals.
According to RBN Energy, Asian buyers – primarily in China – are now the main non-U.S. buyers from Trans Mountain, while India dominates purchases of re-exports from the U.S. Gulf Coast. .
BMO said the oil sands offers advantages both in steady supply and lower overall environmental impacts.
“Not only is the resulting stability ideally suited to backfill anticipated declines in world oil supply, but the long-term physical footprint may also be meaningfully lower given large-scale concentrated emissions, high water recycling rates and low well declines,” BMO analysts said.
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