Economy
“Ownership is Reconciliation” Indigenous Resource Network rebrands to emphasize shift in focus

News release submitted by the Indigenous Resource Network
Indigenous Resource Network Launches Ownership is Reconciliation
The Indigenous Resource Network (IRN) is proud to unveil its latest “Ownership is Reconciliation” Campaign, marking a transformative shift in focus and rebrand from its original “Ownership Changes Everything” campaign.
This new initiative aims to convey the compelling story of Indigenous ownership in resource projects, resonating with a diverse audience including social media, supporters, and fellow Indigenous organizations. “We initiated the ‘Ownership Changes Everything’ campaign to showcase the positive impact of Indigenous ownership in resource projects. The response has been overwhelming, with strong resonance among policy makers, industry, and Indigenous communities” shared John Desjarlais, Executive Director of IRN.
Central to the campaign’s mission is enlightening Canadians about the pivotal role Indigenous ownership plays in advancing the path to reconciliation. As part of this campaign, IRN advocates for the formation of a National Indigenous Guaranteed Loan program, empowering Indigenous communities with crucial access to capital required for equitable participation in major projects nationwide. Desjarlais elaborated, stating, “While it may not be a cure for all of the issues we see in our communities, it is an essential step in revitalizing funding opportunities for Indigenous development. We are heartened by the industry’s resounding support for a national program, as it de-risks projects and facilitates the vital capital Indigenous communities need to pursue ownership.”
IRN invites all stakeholders, Indigenous and non-Indigenous alike, to join forces in promoting a future where reconciliation and resource development harmoniously converge, generating sustainable employment opportunities and fostering shared prosperity for all.
Most Indigenous people support resource development: poll
In the polarized “environment versus economy” debate we’re having, there’s often an assumption, or an assertion, that Indigenous peoples are mostly against resource development. This is manifested in blockades, protests at legislatures and university campuses, and cries from activists that they stand in solidarity with Indigenous people when they stand against mining, oil and gas,
commercial fishing, hydro, and forestry projects.
For those familiar with the matter, this has always been a bit puzzling. Resource development is often the biggest economic driver of Indigenous communities, since it provides revenues for nations and well-paying jobs closer to home. Indigenous businesses are 40 times more likely to be involved in the extractive industry than Canadian ones.
There are absolutely cases where Indigenous nations have had disputes with resource companies, and when their rights have been disrespected. But this is not the same as being against resource development in principle. The public discussion of the issue has failed to grasp that key distinction: Indigenous peoples are not generally opposed to development; they are opposed to not being included, and they are against assuming risks without reaping any of the rewards.
To test that assumption, the Indigenous Resource Network, a platform for Indigenous workers and business owners involved in resource development, commissioned a poll by Environics Research. A total of 549 self-identified First Nations, Metis, and Inuit people living in rural areas or on reserves across Canada were interviewed by telephone between March 25 and April 16.
The poll found that a majority, 65 per cent, said they supported natural-resource development, while only 23 per cent were opposed. When asked how they’d feel if a new project were proposed near their own community, supporters outweighed opponents 2 to 1 (54 to 26 per cent). Not surprisingly, support was higher among working-age (35- to 54-year-old) respondents (70 per cent) than younger ones (18- to 34-year-olds, at 56 per cent), while Indigenous men were more likely to oppose resource development (28 per cent) than Indigenous women (19 per cent).
When asked more specifically about types of resource development, most supported both mining (59 per cent in favour versus 32 per cent opposed) and oil and gas development (53 per cent for, versus 41 per cent against). The main reason they cited was the “urgent priority” of access to health care that comes with economic development and jobs. They said other issues, such as governance, education, traditional activities, and federal transfers, were less important.
All this indicates a path toward greater social licence by Indigenous peoples to develop resources. For many respondents, their support hinges on the likely costs and benefits to them and their communities, as it does for most people. Respondents were more likely to support a project if it used best practices to: protect the environment (79 per cent), ensure safety (77 per cent), and benefit the community economically, such as by providing jobs and business opportunities (77 per cent). Interestingly, community consultation (69 per cent) and consent (62 per cent) were not as important, even though the public discourse tends to emphasize them.
Perhaps the most important finding was that the more a respondent thought he or she knew about the issue, the more he or she was likely to support resource development. Those who work in the industry or who discuss it beyond social media have a much better understanding of what’s needed for a project to get approved, the standards that must be adhered to, and the reclamation that must occur when a project is complete or decommissioned. For them, it’s more than saying yes or not to resource development; it’s about ensuring projects meet the highest possible standards.
The relationship between the resource sector and Indigenous communities isn’t perfect. But it’s economically important, and we would be well served by improving, not severing it. It’s high time we pushed the discussion about Indigenous peoples and resource development past polarizing and simplistic slogans. We hope this poll does just that. Most Indigenous peoples support resource development when high environmental standards are applied and good jobs and economic benefits follow. Let’s ensure that’s the case with every project.
Business
It Took Trump To Get Canada Serious About Free Trade With Itself

From the Frontier Centre for Public Policy
By Lee Harding
Trump’s protectionism has jolted Canada into finally beginning to tear down interprovincial trade barriers
The threat of Donald Trump’s tariffs and the potential collapse of North American free trade have prompted Canada to look inward. With international trade under pressure, the country is—at last—taking meaningful steps to improve trade within its borders.
Canada’s Constitution gives provinces control over many key economic levers. While Ottawa manages international trade, the provinces regulate licensing, certification and procurement rules. These fragmented regulations have long acted as internal trade barriers, forcing companies and professionals to navigate duplicate approval processes when operating across provincial lines.
These restrictions increase costs, delay projects and limit job opportunities for businesses and workers. For consumers, they mean higher prices and fewer choices. Economists estimate that these barriers hold back up to $200 billion of Canada’s economy annually, roughly eight per cent of the country’s GDP.
Ironically, it wasn’t until after Canada signed the North American Free Trade Agreement that it began to address domestic trade restrictions. In 1994, the first ministers signed the Agreement on Internal Trade (AIT), committing to equal treatment of bidders on provincial and municipal contracts. Subsequent regional agreements, such as Alberta and British Columbia’s Trade, Investment and Labour Mobility Agreement in 2007, and the New West Partnership that followed, expanded cooperation to include broader credential recognition and enforceable dispute resolution.
In 2017, the Canadian Free Trade Agreement (CFTA) replaced the AIT to streamline trade among provinces and territories. While more ambitious in scope, the CFTA’s effectiveness has been limited by a patchwork of exemptions and slow implementation.
Now, however, Trump’s protectionism has reignited momentum to fix the problem. In recent months, provincial and territorial labour market ministers met with their federal counterpart to strengthen the CFTA. Their goal: to remove longstanding barriers and unlock the full potential of Canada’s internal market.
According to a March 5 CFTA press release, five governments have agreed to eliminate 40 exemptions they previously claimed for themselves. A June 1 deadline has been set to produce an action plan for nationwide mutual recognition of professional credentials. Ministers are also working on the mutual recognition of consumer goods, excluding food, so that if a product is approved for sale in one province, it can be sold anywhere in Canada without added red tape.
Ontario Premier Doug Ford has signalled that his province won’t wait for consensus. Ontario is dropping all its CFTA exemptions, allowing medical professionals to begin practising while awaiting registration with provincial regulators.
Ontario has partnered with Nova Scotia and New Brunswick to implement mutual recognition of goods, services and registered workers. These provinces have also enabled direct-to-consumer alcohol sales, letting individuals purchase alcohol directly from producers for personal consumption.
A joint CFTA statement says other provinces intend to follow suit, except Prince Edward Island and Newfoundland and Labrador.
These developments are long overdue. Confederation happened more than 150 years ago, and prohibition ended more than a century ago, yet Canadians still face barriers when trying to buy a bottle of wine from another province or find work across a provincial line.
Perhaps now, Canada will finally become the economic union it was always meant to be. Few would thank Donald Trump, but without his tariffs, this renewed urgency to break down internal trade barriers might never have emerged.
Lee Harding is a research fellow with the Frontier Centre for Public Policy.
Alberta
Low oil prices could have big consequences for Alberta’s finances

From the Fraser Institute
By Tegan Hill
Amid the tariff war, the price of West Texas Intermediate oil—a common benchmark—recently dropped below US$60 per barrel. Given every $1 drop in oil prices is an estimated $750 million hit to provincial revenues, if oil prices remain low for long, there could be big implications for Alberta’s budget.
The Smith government already projects a $5.2 billion budget deficit in 2025/26 with continued deficits over the following two years. This year’s deficit is based on oil prices averaging US$68.00 per barrel. While the budget does include a $4 billion “contingency” for unforeseen events, given the economic and fiscal impact of Trump’s tariffs, it could quickly be eaten up.
Budget deficits come with costs for Albertans, who will already pay a projected $600 each in provincial government debt interest in 2025/26. That’s money that could have gone towards health care and education, or even tax relief.
Unfortunately, this is all part of the resource revenue rollercoaster that’s are all too familiar to Albertans.
Resource revenue (including oil and gas royalties) is inherently volatile. In the last 10 years alone, it has been as high as $25.2 billion in 2022/23 and as low as $2.8 billion in 2015/16. The provincial government typically enjoys budget surpluses—and increases government spending—when oil prices and resource revenue is relatively high, but is thrown into deficits when resource revenues inevitably fall.
Fortunately, the Smith government can mitigate this volatility.
The key is limiting the level of resource revenue included in the budget to a set stable amount. Any resource revenue above that stable amount is automatically saved in a rainy-day fund to be withdrawn to maintain that stable amount in the budget during years of relatively low resource revenue. The logic is simple: save during the good times so you can weather the storm during bad times.
Indeed, if the Smith government had created a rainy-day account in 2023, for example, it could have already built up a sizeable fund to help stabilize the budget when resource revenue declines. While the Smith government has deposited some money in the Heritage Fund in recent years, it has not created a dedicated rainy-day account or introduced a similar mechanism to help stabilize provincial finances.
Limiting the amount of resource revenue in the budget, particularly during times of relatively high resource revenue, also tempers demand for higher spending, which is only fiscally sustainable with permanently high resource revenues. In other words, if the government creates a rainy-day account, spending would become more closely align with stable ongoing levels of revenue.
And it’s not too late. To end the boom-bust cycle and finally help stabilize provincial finances, the Smith government should create a rainy-day account.
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