Alberta Premier Jason Kenney says legislation is coming this fall to create a new Crown corporation to help First Nations gain ownership in oil and gas projects, including the Trans Mountain pipeline expansion.
Kenney said the new Indigenous Opportunities Corporation would provide $1 billion to help First Nations, especially those smaller in size or located in northern Alberta, gain the financial backing necessary to get ventures off the ground.
"They don't have the balance sheets, quite frankly, to be partners in projects like TMX," #Kenney said Monday, following a meeting with his cabinet and First Nations leaders from across Alberta.














