Reconciliation is not just about rhetoric, it is material. It is about how economic costs and benefits are shared. If we are to be serious about it, we have to be ready to take on costs that are both political and economic. The sunk and termination costs of Site C are substantial and so are the foregone benefits of reliable baseload power. If we want our governments to take on these costs in our name without fear, we have to make it a common sense proposition that they are worth taking on to forge a new relationship with First Nations.
CALGARY — A moratorium on loans for energy pipeline projects has been lifted, Desjardins Group said Wednesday, as it vowed to consider environmental, social and governance practices of clients in all future lending decisions.
The decision in July to temporarily stop pipeline loans had been applauded by environmental groups and First Nations opposed to oilsands development who urged the Quebec credit union to make the freeze permanent.
Canada's energy regulator says Texas energy giant Kinder Morgan doesn't have to follow all the rules of a city at the end of the route of its major west coast pipeline expansion project.
