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First Nations need equity to help drive a cleaner Canadian economy – IRPP

February 26, 2024

The federal government must be bold with a new policy to give Indigenous Peoples a stake in resource projects.

Canada’s road to a net-zero economy runs through First Nation lands. The recent rise in Indigenous equity participation in the natural-resource sector is evidence of that. First Nations are progressively asserting their rights and deservedly gaining recognition as strategic business partners.

Therefore, the clean-energy transition must include meaningful opportunities for First Nations to determine and shape what is built, operated and decommissioned on their lands, as well as to receive a fair share of the economic returns.

The alternative is the status quo, where the value that First Nations bring is discounted or even disregarded while governments and industry continue to face challenges getting major projects across the finish line at all – much less in a good way or on time. The status quo today will be much worse tomorrow.

Read More: https://policyoptions.irpp.org/magazines/february-2024/nations-equity/

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