Bill 14, the Alberta Indigenous Opportunities Corporation Act
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EDMONTON – On Tuesday (Oct 8), the provincial government introduced Bill 14, which states the government would put up $1-Billion, along with technical and financial advice, to backstop a new Crown corporation to help Indigenous groups invest in major natural resource projects.
Premier Jason Kenney noted the Alberta Indigenous Opportunities Corporation Act, would set up a first-of-its-Kind Crown corporation to facilitate Indigenous investments and job creation.
“Indigenous people in Alberta deserve a government that will be a true partner in creating new opportunities so that the First Nations who call this land home can take full advantage of the natural resources that enrich this province. We want to empower Indigenous communities so they can lift their people out of poverty and become full partners in prosperity.”
“For too long, we have been on the sidelines of the resource sector. This will change with the advent of the Alberta Indigenous Opportunities Corporation. I look forward to what else it will bring.” stated Chief Billy Morin, of the Enock Cree Nation.
