Coastal GasLink Signs Agreements with 100 Per Cent of B.C. Elected Indigenous Bands Along the Pipeline Route
September 13 2018 - 09:00AM
Media Advisory – TransCanada Corporation (TSX:TRP) (NYSE:TRP)
(TransCanada) is pleased to announce that its Coastal Gaslink
Pipeline Project has signed community and project agreements with
all of the elected Indigenous bands along its pipeline route in
British Columbia. These agreements, totaling 20 across the
province, exemplify the strong Indigenous support received for the
proposed natural gas pipeline project in B.C.
“This is an important milestone for the Coastal GasLink team,”
said Rick Gateman, president of the Coastal GasLink Pipeline
Project. “When we first began this project over six years ago, our
goal was to build more than just relationships with First Nations
communities in B.C.; it was to build trusted partnerships, and that
has made all the difference. We are grateful to these First Nations
communities for this opportunity and appreciate the incredible
support they have shown us over the years.”
The contracting and employment opportunities along with the
long-term benefit programs set forth in the agreements were
designed specifically for each community along the route, providing
Indigenous groups with job opportunities and sustainable sources of
revenue over the life of the project. Support for the agreements
comes from the elected leaders of the 20 Indigenous bands indicated
below as well as from several traditional and hereditary leaders
within these communities. The project continues to hold discussions
with some hereditary governance groups and is optimistic that
additional agreements may be reached in the near future, should the
project receive a positive final investment decision from LNG
Canada.
“Today’s announcement is a testament to what we can accomplish
when industry and First Nations work together,” said Gary Naziel,
councilor, Witset First Nation. “This project will provide jobs,
contracts and financial benefits that Witset First Nation can use
to enhance programs and initiatives for our citizens, such as
language and cultural programs. We look forward to continuing to
work together with the Coastal GasLink project toward these common
goals.”
Indigenous communities with signed agreements include:
Stellat’en First
Nation |
Saik’uz First
Nation |
Cheslatta Carrier
Nation |
McLeod Lake Indian
Band |
Saulteau First
Nations |
Kitselas First
Nation |
West Moberly First
Nations |
Lheidli T’enneh First
Nation |
Nadleh Whut’en Indian
Band |
Burns Lake Indian
Band |
Blueberry River First
Nations |
Halfway River First
Nation |
Doig River First
Nation |
Wet’suwet’en First
Nation |
Yekooche First
Nation |
Nee Tahi Buhn Indian
Band |
Skin Tyee First
Nation |
Witset First
Nation |
Nak’azdli Whut’en |
Haisla Nation |
In addition to finalizing these agreements, the Coastal GasLink
project also awarded approximately $620 million in conditional
contracting and employment opportunities to northern Indigenous
businesses this past July. That announcement kicked off a series of
signing ceremonies hosted by Indigenous communities across the
province. The program provided community members, businesses and
contractors with an opportunity to participate in communal
gatherings, traditional songs and prayers to celebrate the
important milestone. The project anticipates another $400 million
in contracting opportunities for local and Indigenous businesses
during the construction period, bringing the total to approximately
$1 billion for B.C.
For more information, please follow us on Twitter
@CoastalGasLink and @TransCanada; and on Facebook and connect with
us on LinkedIn.
About Coastal GasLink
The Coastal GasLink Pipeline Project will have an initial
capacity of approximately 2.1 billion cubic feet (bcf)/day with the
potential for expansion of up to approximately 5 bcf/day, providing
natural gas from the Western Canadian basin in northeast B.C. to
the West Coast, to meet growing demand in Asian markets. The
project has received all required major regulatory permits from the
B.C. Environmental Assessment Office and the B.C. Oil and Gas
Commission, and is expected to begin construction activities in
early 2019 with a planned in-service date of 2023, pending a
positive final investment decision from the Joint Venture
Participants involved with LNG Canada.
About TransCanada
With more than 65 years' experience, TransCanada is a leader in
the responsible development and reliable operation of
North American energy infrastructure including natural gas and
liquids pipelines, power generation and gas storage facilities.
TransCanada operates one of the largest natural gas transmission
networks that extends more than 91,900 kilometres (57,100 miles),
tapping into virtually all major gas supply basins in North
America. TransCanada is a leading provider of gas storage and
related services with 653 billion cubic feet of storage capacity. A
large independent power producer, TransCanada currently owns or has
interests in approximately 6,100 megawatts of power generation in
Canada and the United States. TransCanada is also the developer and
operator of one of North America’s leading liquids pipeline systems
that extends approximately 4,900 kilometres (3,000 miles),
connecting growing continental oil supplies to key markets and
refineries. TransCanada’s common shares trade on the Toronto and
New York stock exchanges under the symbol TRP. Visit
TransCanada.com to learn more, or connect with us on
social media.
FORWARD-LOOKING INFORMATION
This publication contains certain information that is
forward-looking and is subject to important risks and uncertainties
(such statements are usually accompanied by words such as
"anticipate", "expect", "believe", "may", "will", "should",
"estimate", "intend" or other similar words). Forward-looking
statements in this document are intended to provide TransCanada
security holders and potential investors with information regarding
TransCanada and its subsidiaries, including management's assessment
of TransCanada's and its subsidiaries' future plans and financial
outlook. All forward-looking statements reflect TransCanada's
beliefs and assumptions based on information available at the time
the statements were made and as such are not guarantees of future
performance. Readers are cautioned not to place undue reliance on
this forward-looking information, which is given as of the date it
is expressed in this news release, and not to use future-oriented
information or financial outlooks for anything other than their
intended purpose. TransCanada undertakes no obligation to update or
revise any forward-looking information except as required by law.
For additional information on the assumptions made, and the risks
and uncertainties which could cause actual results to differ from
the anticipated results, refer to the Quarterly Report to
Shareholders dated August 2, 2018 and 2017 Annual Report filed
under TransCanada's profile on SEDAR at www.sedar.com and with the
U.S. Securities and Exchange Commission at
www.sec.gov.
Media Inquiries:Jacquelynn Benson403.920.5742
or 800.608.7859
A map accompanying this release is available
at http://resource.globenewswire.com/Resource/Download/43bcd20e-b566-40fa-ad65-32d1d6e8a2c1
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