Energy
First Nations Buy Into Pipelines

From the Frontier Centre for Public Policy
“Meaningful Indigenous participation in our resource economy is maturing. At first, First Nations used to ask for compensation, the jobs, and then for the contracts that created those jobs, Now they seek purchase equity in the project itself. Soon they will create the project and seek others to invest in it. Then they will have real economic power.”
It’s taken years to get here, but there’s a new trend in Canada’s pipeline industry, and it couldn’t come soon enough. That’s because the path we’ve been on until now has been one to ruin.
On July 30, TC Energy announced it was in the process of selling 5.34 per cent of its Nova Gas Transmission Ltd. (NGTL) System and the Foothills Pipeline assets for a gross purchase price of $1 billion. “The Agreement is backed by the Alberta Indigenous Opportunities Corporation (AIOC) and was negotiated by a consortium committee (Consortium) representing specific Indigenous Communities (Communities) across Alberta, British Columbia and Saskatchewan. This results in an implied enterprise value of approximately $1.65 billion, inclusive of the proportionate share of the Partnership Assets’ collective debt,” TC Energy said.
This comes a few months after its March 14 announcement to sell “all outstanding shares in Prince Rupert Gas Transmission Holdings Ltd. and the limited partnership interests in Prince Rupert Gas Transmission Limited Partnership (collectively, PRGT). PRGT is a wholly owned subsidiary of TC Energy and the developer of a natural gas pipeline project in British Columbia and potential delivery corridor that would further unlock Canada as a secure, affordable and sustainable source of LNG.”
The Nova system sale is significant. It’s the principal natural gas gathering system throughout Alberta and a bit into B.C. In addition to supplying Alberta with its gas needs, Nova, in turn, feeds the TC Energy Mainline. It also supplies Saskatchewan via Many Islands Pipe Lines and TransGas, both subsidiaries of SaskEnergy. And since Saskatchewan’s domestic gas production keeps falling, we now rely heavily on Alberta gas to keep our furnaces lit and our new gas fired power plants turning, keeping the lights on. When you look at the Nova map, it’s basically the map of Alberta.
Some of the most significant difficulties in getting major pipeline projects built in this country over the last 16 years has been Indigenous opposition. One of the first stories I wrote about with Pipeline News during the summer of 2008 was a First Nations protest on the Enbridge right of way at Kerrobert, complete with a teepee. That was for the Alberta Clipper project, but it was relatively quickly resolved.
Then there was Enbridge’s Northern Gateway project, which was approved by the Conservative federal government but halted by the courts because of insufficient Indigenous consultation. It was ultimately killed very early into the Trudeau-led Liberal administration, when he said, “The Great Bear Rainforest was no place for a pipeline, a crude pipeline.”
Northern Gateway would have terminated at Kitimat. Yet, curiously enough, that same forest had to be crossed to built the TC Energy Coastal GasLink project. It went grossly overbudget in no small part due to delays and resistance in every manner possible from the Wet’suweten in northern B.C. As Canadian Press reported on Dec. 11, 2023, “By the time the pipeline was finished, its estimated construction cost had ballooned from $6.6 billion to $14.5 billion.”
And then there was Trans Mountain Expansion. It had opposition from the BC government, City of Burnaby, and everyone who could apply a Sharpie marker to a Bristol board. But Indigenous opposition was a major factor. As Pipeline Online reported via the Canadian Press, “The project’s $34-billion price tag has ballooned from a 2017 estimate of $7.4 billion, with Trans Mountain Corp. blaming the increase on “extraordinary” factors including evolving compliance requirements, Indigenous accommodations, stakeholder engagement, extreme weather and the COVID-19 pandemic.”
By this spring, the number was $34 billion, and I anticipate its final cost will be higher still.
Maturing
There’s been a big change in recent years, not just in pipelines, but in other energy industries like wind and solar. That change had gone from consultation to jobs to equity investment.
The word used almost always is “reconciliation.” That can be a loaded word in many ways, Some feel it will heal wounds, and right past wrongs, or at least try to. Others would say it’s a form of extortion. And some take issue with racial overtones. But here’s something I heard this week that makes a lot of sense:
“Meaningful Indigenous participation in our resource economy is maturing. At first, First Nations used to ask for compensation, the jobs, and then for the contracts that created those jobs, Now they seek purchase equity in the project itself. Soon they will create the project and seek others to invest in it. Then they will have real economic power.”
That’s what Steve Halabura, professional geologist, told me. And he would know, since he’s been working with First Nations on this economic development front.
And you see that in the timeline I laid out. The 2008 protests were very much about compensation and jobs. Trans Mountain Expansion saw significant First Nations’ owned and operated firms awarded contracts. And now, they’re buying equity positions.
You know what? If First Nations bands, and people, do indeed become owners in these resource companies and infrastructure, if it helps pay for housing and water treatment plants, if it means meaningful work and paycheques, are they likely to fight the next project tooth and nail? Or will they want to be a part of it?
And think of it this way – if we could have gotten to this point ten years ago, maybe these projects might have gone much more smoothly. Maybe their final costs wouldn’t have been double, or quadruple, the original budget. When you think of it in that perspective – if a billion dollar equity stake meant Coastal GasLink could have cost $5 billion less, would it have been worth it to bring First Nations in as equity partners?
Some will say that’s extortion. Others would say it’s justice, or reconciliation. But maybe, just maybe, this is how we move forward, and everyone in the end wins. And maybe then Canada can, once again, build great things.
Brian Zinchuk is editor and owner of Pipeline Online and occasional contributor to the Frontier Centre for Public Policy. He can be reached at [email protected].
Business
Ontario Premier Doug Ford Apologizes To Americans After Threatening Energy Price Hike For Millions

From the Daily Caller News Foundation
By
Ontario Premier Doug Ford apologized to Americans Tuesday after he suspended a 25% electricity surcharge that he initially said he would be “relentless” in pursuing.
Ford implemented a 25% surcharge on electricity to New York, Michigan and Minnesota on Monday, but quickly rescinded the policy and apologized to Americans on WABC’s “Cats & Cosby” radio show the following day. The tariffs were initially a retaliatory measure against President Donald Trump’s flurry of tariffs against Canada since he assumed office.
Canada is highly dependent on U.S. exports, economists told CNN, and the planned electricity surcharge would likely hurt Canada’s energy industry much more than it would the U.S., although an estimated 1.5 million homes and businesses would have been affected.
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“I want to apologize to the American people. I spent 20 years of my life in the US, in New Jersey, in Chicago. I love the American people,” Ford said. “I absolutely love them … Secretary Lutnick and President Trump are brilliant businesspeople. They are hard negotiators. We need to put this behind us and move forward and build the two strongest countries in the world.”
Initially, Ford had a much more aggressive tone when he instituted the tariffs.
“We will not back down. We will be relentless. I apologize to the American people that President Trump decided to have an unprovoked attack on our country, on families, on jobs, and it’s unacceptable,” Ford said on MSNBC in response to Trump’s hiking of steel and aluminum tariffs.
Trump, in turn, threatened to increase the steel and aluminum tariffs on Canada to 50%, with the increase going into effect the next day.
Ford then talked with Secretary of Commerce Howard Lutnick, with the premier describing the call as “productive.” Once Ford backed down on his plan to implement the export fees, Trump reversed his planned hike to 50% on steel and aluminum tariffs. Ford is expected to meet with Lutnick Thursday in Washington, D.C.
If a deal is not reached by the April 2 deadline, the tariffs will resume.
Ontario sold around 12 terawatt hours of electricity to America in 2023, with the U.S. being Ontario’s largest energy customer outside Canada. The tariff would have likely added “100$ a month” to the bill of Americans in the affected states, Ford claimed according to CNN.
The U.S. and Canada have entered into a contested debate over trade policies, with Canada announcing an additional $20 billion in retaliatory tariffs on American goods in response to Trump’s initial 25% steel and aluminum tariffs.
Trump initially gained concessions from Canada in February, forcing them to aid in curtailing the illegal fentanyl trade in exchange for a pause on a 25% general goods tariff enacted Feb. 1. However, Trump eventually let the pause expire, with the tariff resuming in March.
“Canada is a tariff abuser, and always has been, but the United States is not going to be subsidizing Canada any longer,” Trump said on Truth Social Mar. 10.
The Ontario Premier’s office did not immediately respond to the Daily Caller News Foundation’s request for comment.
Daily Caller
Reality Finally Returns To Energy Industry

From the Daily Caller News Foundation
By David Blackmon
Speaking at the opening day of the annual CERAWeek global energy industry gathering in Houston, Saudi Aramco CEO Amin Nasser declared plans for a government subsidized energy transition a failure, saying, “there is more chance of Elvis speaking next than the current plan working!”
He isn’t wrong, and Elvis was nowhere in sight.
Nasser began his speech by telling the audience made up largely of executives in the oil and gas industry and its contractors that, “We can all feel the winds of history in our industry’s sails again.”
Again, he isn’t wrong.
The winds of change have been blowing for well over a year now in favor of placing national energy security concerns over the rank climate alarmism that dominates the narratives surrounding this mythical transition. In fact, that shift began to become apparent at the 2023 CERAWeek gathering, as speaker after speaker emphasized the need to refocus on enhancing energy security after three years and trillions of dollars in debt-funded spending on renewables.
Now, with last November’s re-election of Donald Trump to a second presidency and the Energy Dominance agenda he brings with him, the momentum at the industry’s back is starkly obvious.
But that doesn’t mean that the world will or should abandon the expansion of other forms of energy, including intermittent sources like solar power and stationary batteries.
In this area, Nasser echoed the “all-of-the-above philosophy touted earlier in the Monday agenda by U.S. Energy Secretary Chris Wright, emphasizing a new model that “reflects the reality of growing demand and energy addition,” while bringing an end to the current practice by many activists and politicians of demonizing oil, gas, and coal.
“Ladies and Gentlemen, the world was promised many things in the current transition plan,” Nasser said. “It was like promising an energy El Dorado. And this quest was equally doomed to fail.”
Noting that the chosen alternatives to fossil fuels currently being heavily subsidized — wind, solar, green hydrogen, and electric vehicles — are unable to even account for incremental energy demands, much less replace fossil fuels, Nasser advocated for a revised effort in which alternatives play a growing role of complementing reliable, conventional energy sources. “I take no pleasure in this. But it is time to stop reinforcing failure. Indeed, as the fictions of the promised transition finally wash away, there is an historic opportunity to change course.”
Nasser’s remarks were largely echoed by Secretary Wright, who promised, “The Trump administration will end the Biden administration’s irrational, quasi-religious policies on climate change that imposed endless sacrifices on our citizens.” Wright also dismissed the previous administration’s focus on climate alarmism over energy security as myopic.
“The Trump administration will treat climate change for what it is — a global physical phenomenon that is a side effect of building the modern world,” Wright said. The energy secretary called Biden’s policies “economically destructive to our businesses and politically polarizing. The cure was far more destructive than the disease.”
Wright also bluntly explained why the Trump administration singled out offshore wind as an especially destructive element of the Biden myopia, while at the same time extolling solar and battery storage as zero-emission ideas that make sense.
Offshore wind’s “incredibly high prices, incredibly huge investment and a large footprint on the local communities, so it’s been very unpopular for people that live near offshore wind turbines,” Wright said. Touting his “all-of-the-above” approach, Wright said the administration supports anything that adds to “affordable, reliable, secure energy,” adding, “Wind has been singled out because it’s had a singularly poor record of driving up prices.”
Emphasizing the inadequacies of the subsidized alternatives to fossil fuels, Wright pointed out that there “is simply no physical way that wind, solar and batteries could replace the myriad uses of natural gas.” He also pointed out that gas currently supplies 43% of power generated on the U.S. grid, a share that is unlikely to be reduced anytime soon.
It all boils down to the simple reality that globalist plans for this government-forced transition have failed. As Nasser said, the time to “stop reinforcing failure” has arrived.
Elvis has left the building.
David Blackmon is an energy writer and consultant based in Texas. He spent 40 years in the oil and gas business, where he specialized in public policy and communications.
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