Opinion: Bill C-48 is currently before the Senate. If it passes, Eagle Spirit could be dead
On December 11th, the Senate of Canada will be honoured to welcome a delegation of 15 First Nations Chiefs from the National Chiefs Coalition, the Indian Resource Council, and the Eagle Spirit Chiefs Council who, together, represent some 200 First Nations communities.
They will be in Ottawa to speak about the Eagle Spirit Energy Corridor Project and how it can help achieve reconciliation through economic empowerment. My wish is that all Canadians become familiar with Eagle Spirit.
In brief, Eagle Spirit is a First Nations business consortium that proposes to build what has been called the greenest pipeline energy corridor on the planet, running from Bruderheim, Alta. to Grassy Point, B.C. Once completed, the project could ship four-million barrels of crude oil and ten billion cubic feet of natural gas to tidewater every day.
The Eagle Spirit Project may be our current best hope at diversifying our exports of oil. Currently, 99 per cent of Canadian oil exports go to a single destination — the United States. It could deliver Canadian oil to international markets at international market prices.
It goes without saying that this $12-billion investment could provide First Nations with a golden opportunity for economic development. Other benefits include billions in revenues from royalties and taxes and good-paying, family-supporting jobs.
For the rest of this column: https://business.financialpost.com/opinion/trudeaus-tanker-ban-is-making-many-indigenous-communities-angry-heres-why