The Aporia
Bundale, B. (2026, September 22). Ottawa opens up 15% Trans Mountain equity stake to Indigenous groups on pipeline path. Toronto Star. https://www.thestar.com/business/ottawa-opens-up-15-trans-mountain-equity-stake-to-indigenous-groups-on-pipeline-path/article_0a3cfd0c-0d01-5ca9-85ca-143f6076965d.html
Bundale, Brett. “Ottawa opens up 15% Trans Mountain equity stake to Indigenous groups on pipeline path.” Toronto Star, 22 Sept. 2026, https://www.thestar.com/business/ottawa-opens-up-15-trans-mountain-equity-stake-to-indigenous-groups-on-pipeline-path/article_0a3cfd0c-0d01-5ca9-85ca-143f6076965d.html.
Bundale, Brett. “Ottawa opens up 15% Trans Mountain equity stake to Indigenous groups on pipeline path.” Toronto Star, September 22, 2026. https://www.thestar.com/business/ottawa-opens-up-15-trans-mountain-equity-stake-to-indigenous-groups-on-pipeline-path/article_0a3cfd0c-0d01-5ca9-85ca-143f6076965d.html.
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The Canadian government offered Indigenous groups along the Trans Mountain pipeline a collective 15% equity stake, aiming to fulfill a long-standing promise. In a letter seen by The Canadian Press, a Department of Finance official stated that this investment would be distributed equally among participating groups via a low-cost government loan. Additionally, Finance Minister François-Philippe Champagne announced a $2.5 million payment for Indigenous communities willing to take part in the 15% equity stake, describing it as compensation for delays in reaching an agreement since Ottawa purchased the pipeline in 2018 for $34 billion. The government has sent letters to 129 Indigenous communities along the pipeline route with this offer, and since the expansion began operating in May 2024, the government has received a total of $2.6 billion from the project.