Media statement - February 22, 2024

TC Energy comments on B.C. First Nations Equity Financing Framework

TC Energy applauds the province of British Columbia for launching the First Nations Equity Financing Framework. The provincial government has taken an important step towards economic reconciliation by establishing the new program through Budget 2024. 
 
Creating opportunities for Indigenous communities to own major projects in their communities makes sure that they can share in the benefits of these projects, and build a more equitable, brighter future for the province. 
 
At TC Energy, we know the importance of partnering with Indigenous communities in British Columbia and across Canada. Building Coastal GasLink would not be possible without our strong relationships with Indigenous communities. That’s why TC Energy partnered with 17 Indigenous communities to support the opportunity for them to purchase a 10 per cent equity interest in Coastal GasLink. 
 
The province’s new First Nations Equity Financing Framework will make sure agreements like these are possible and create meaningful returns to Indigenous communities.