Newsletter: Questions about Ottawa’s Indigenous loan program. And more . . .

Our newsletter: 28 March 2024

Graphic on Indigenous loan guarantees

We have questions on the federal loan program

With the federal government planning to include an Indigenous loan-guarantee program in its 2024-5 budget on April 16, we have raised some issues and questions.

  • Will the program allow for investment in oil and gas ventures?
  • Will it allow for Indigenous investment beyond “natural resources”?
  • What role will the feds allow Indigenous Peoples to play in the governance of the program?
  • Will the program cover capacity support for Indigenous groups?

Read more: https://ow.ly/HvH150QZ9Ve

And our thanks to Shannon Joseph, chair of Energy for a Secure Future Canada, for consultation on this.

Photo: Christine Kennedy, Woodfibre LNG

Woodfibre LNG’s assurance on housing

Christine Kennedy, president of Woodfibre LNG, sets the record straight: With non-local workers housed in a cruise-ship “floatel,’ the project will not impact housing in Squamish. ‘You have my word on it.’

Graphic: Nation2Nation invitation

Nation2Nation: Get your tickets now

From Nation2Nation: Join us on a journey to empowerment and self-confidence. Register here for our Women’s Gathering in Prince Rupert April 25-26: https://ow.ly/x08v50QQCyU

The Alliance is a partner in this event.

Indigenous clean-energy news

  • Ottawa and Newfoundland and Labrador work on low-carbon plan, alongside Indigenous groups and industry: https://ow.ly/uIhB50QY7yj
  • Feds announce new funding for Indigenous-owned and -led renewable energy, energy efficiency, or low-carbon heating projects: https://ow.ly/mq2S50QZRZO

And from Down Under:

ALSO IN THE NEWS

  • Canada brushes off yet another country begging it for LNG: https://ow.ly/RWo950R2kKe
  • Canada will look at supporting more LNG terminals if they are economically feasible.— Finance Minister Chrystia Freeland: https://ow.ly/EcKT50R0xQ5
  • Canadian LNG is Indigenous LNG. And our Alliance CEO, Karen Ogen, says: ‘The opportunities for Indigenous and non-Indigenous communities alike will be significant.’ https://ow.ly/qwz450QY9YY
  • The oil-gas sector injects $52 billion into Canada’s GDP, representing a 2.5% share of the nation’s economic output: https://ow.ly/CeyO50R2L1G
  • Natural resources give B.C. $31.6 billion of GDP — and that will go up when LNG Canada goes online: https://ow.ly/cs7a50QZFHU
  • C.’s emerging LNG industry will double provincial natural-gas revenues: https://bit.ly/490IL85
  • Australia’s Woodside to buy five times more LNG from US and Mexico, and eyes BC as well: https://ow.ly/7h6150R1L7t

DATES

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(Posted here 31 March 2024)

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