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Indigenous loan program must include oil and gas

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From the MacDonald Laurier Institute

By Chris Sankey

True reconciliation means acknowledging our right to develop our lands as we see fit

Speculation has swirled for months that Ottawa is planning to introduce a new Indigenous loan guarantee program, and last week’s fiscal update confirmed that more details will be included in the next federal budget. I am not totally against this idea, as it could help Indigenous groups overcome historical barriers to raising capital, particularly through borrowing. However, there has also been speculation that certain industries could be excluded from loan eligibility, in accordance with the government’s environmental, social and governance (ESG) investment framework. This is not OK.

If the government follows through with its plan to roll out a new Indigenous-tailored financial program, it should respect our right to self-determination, which encompasses our autonomy to make investment decisions based on our own, internally defined objectives.

For instance, we are well within our rights to pursue investment opportunities in the energy sector, which offers a path to prosperity for many Indigenous communities. Indigenous-Canadians who work in oil and gas extraction currently make almost three times more than their peers. Quite frankly, it would be irresponsible for us to not seek out new energy investments, given the potential for good-paying energy jobs to lift scores of Indigenous families out of poverty.

A new loan guarantee program would, in theory, provide Indigenous nations with the resources to build our own path forward. But if the loan program were handled by the Canada Infrastructure Bank, as budget 2023 suggested, loans for oil and gas development may be excluded. Applying ESG requirements to the program would have a similar effect.

Such conditions would put remote communities at a disadvantage relative to those located near large urban centres. And communities that are dependent on energy projects for their economic well-being would be left in the lurch.This would be a step away from reconciliation. The federal government should not be able to pick and choose for us which projects we partner on — this is paternalism of the worst sort. Decisions about our lands and the projects built on them should be ours to make — and ours alone.

We have long made decisions about projects in our territories — decisions that balance economic development with stewardship of land and water. The Trudeau government has pledged, repeatedly, to value mutual respect and restorative justice. We need to remind them of that.

Right now, the most important thing the federal government can do is respect the right of all Indigenous communities to self-determination. We have a limited window of opportunity to persuade the Liberal government to include oil and natural gas extraction projects on the list of eligible loan guarantees, and make sure that our inherent right to make decisions about projects on our lands is respected.

This is also an opportunity to forge a much-needed and long-overdue relationship between the Tsimshian, Nisga’a, Haida, Haisla, Heiltsuk, Wet’suwet’en, Gitxsan, Tahltan, Tse’Khene, T’exelcemc and Carrier Sekani people, and build an Indigenous economic corridor stretching from British Columbia to Newfoundland.This loan guarantee program could help lift thousands of Indigenous-Canadians out of poverty, and bring prosperity to our people for generations to come, through inter-generational knowledge and wealth transfer. When our communities prosper, Canada prospers, but we cannot do that without the rest of the country’s help.

This is an opportunity for the federal government to bridge the divide and make Canada the economic powerhouse it ought to be. This loan guarantee program can serve as a much-needed catalyst. We should have the opportunity to invest in any project that has the potential to bring prosperity to our communities, including projects in the oil and gas industry.

Indigenous communities want to be a part of Canada, not apart from Canada. Give us the tools and we’ll finish the job.

Chris Sankey is a senior fellow at the Macdonald-Laurier Institute, a businessman and former elected councillor for the Lax Kw Alaams First Nation.

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Carney praises Trump’s world ‘leadership’ at G7 meeting in Canada

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From LifeSiteNews

By Anthony Murdoch

Canada’s prime minister said it was a ‘great honor’ to host the U.S. president and praised him for saying Canada wants to work with the U.S. ‘hand-in-hand.’

During the second day of the G7 leaders meeting in the Kananaskis area in Alberta, Canadian Prime Minister Mark Carney praised U.S. President Donald Trump’s world “leadership” despite saying many negative things about him during his election campaign.

While speaking to reporters Monday, Trump hinted that a new trade deal between Canada and the United States was potentially only “weeks” away. This came after a private meeting with Carney before the official G7 talks commenced.

“We’ve developed a very good relationship. And we’re going to be talking about trade and many other things,” Trump told reporters.

Carney was less vocal, however. He used the opportunity to tell reporters he was happy Trump came to his country for the G7 meeting, saying it was a “great honor” to host him.

“This marks the 50th birthday of the G7, and the G7 is nothing without U.S. leadership,” Carney told reporters.

He then spoke about Trump’s “personal leadership” on world issues and praised him for saying Canada wants to work with the U.S. “hand-in-hand.”

Carney ran his election campaign by claiming the Conservative Party would bow to Trump’s demands despite the fact that the party never said such things.

During his federal election campaign, Carney repeatedly took issue with Trump and the U.S. that turned into an anti-American Canadian legacy media frenzy.

However, the reality is, after Carney won the April 28 federal election, Trump praised him, saying, “Canada chose a very talented person.”

Trump has routinely suggested that Canada become an American state in recent months, often making such statements while talking about or implementing trade tariffs on Canadian goods.

As for Carney, he has said his government plans to launch a “new economy” in Canada that will involve “deepening” ties to the world.

 

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Carney’s Honeymoon Phase Enters a ‘Make-or-Break’ Week

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From the National Citizens Coalition 

The National Citizens Coalition (NCC) is sounding the alarm on a critical week for the Carney government, which, despite enjoying an unearned honeymoon in the polls, has delivered zero results for everyday Canadians. As the G7 summit looms large and the House of Commons prepares to adjourn, this is a make-or-break moment for Prime Minister Mark Carney to prove his government is more than empty promises. Canadians are watching, and the NCC is calling out the glaring failures that threaten a grim summer of economic decline, and continued crime, chaos, and rising unemployment.

Housing Minister Gregor Robertson Caught in $10.85 Million Scandal

Recent revelations from Blacklock’s Reporter expose Housing Minister Gregor Robertson’s attempt to conceal $10.85 million in personal property investments during Commons questioning. This shocking lack of transparency from the minister tasked with addressing Canada’s housing crisis raises serious questions about his integrity and ability to prioritize Canadians struggling with skyrocketing costs. While Robertson dodges accountability, and Carney apparently scoffs at providing housing relief to millions suffering under a Liberal-made crisis, young professionals and young families are wondering if they’ll ever have a chance to own a home bigger than Canada’s much-maligned supply of ‘dog-crate condos.’

The NCC demands a full ethics investigation, the resignation of Gregor Robertson — who, as one of the architects of the Vancouver housing crisis, should have never been handed this file to begin with — and immediate action to restore trust in this critical portfolio.

Pipeline Delays and Provincial Obstruction Threaten Economic Growth

The Carney government’s inaction on pipelines is stalling Canada’s economic potential. Despite promises of “nation-building projects,” British Columbia and Quebec continue to block and veto critical energy infrastructure, with Carney failing to assert federal leadership. His vague talk of “consensus” and “decarbonized” barrels has led to zero progress, leaving Alberta’s economy in limbo and Canadians facing higher energy costs. With no clear plan to advance projects, the government is squandering opportunities to create jobs and secure energy sovereignty. The NCC urges Carney to act decisively this week to break the provincial logjam and deliver results.

Immigration Chaos: Lena Diab’s Unchecked Honour System Fails Canadians

Immigration Minister Lena Diab’s reliance on an ‘honour system’ for millions of temporary visitors with expiring visas is a recipe for disaster. As Canada grapples with unsustainable immigration levels, Diab’s apparent plan for millions of temporary workers and failed ‘diploma mill’ attendees assumes compliance without enforcement, ignoring the high-propensity for fraud, and the ongoing and urgent strain on housing, healthcare, and public services. The Liberals’ Strong Borders Act promises reform, but its loaded with unnecessary overreach and vague measures.

A lack of urgency leaves Canadians vulnerable to further crime, chaos, closed emergency rooms, high rents, and failing infrastructure. With immigration continuing to spiral out of control, the NCC calls for concrete action to drastically lower immigration targets, expedite deportations, and prioritize Canadian citizens and the record amounts of unemployed before the House adjourns.

Canadians Deserve Results, Not More Hollow “Elbows up” or “Team Canada” Rhetoric

This week’s G7 summit in Alberta and the impending House adjournment are the Carney government’s last chance to show leadership, before an undeserved summer break for a government that will be overseeing deepening economic decline, rising crime under a refusal to tackle catch-and-release bail, and growing unemployment. Canadians cannot afford another season of unfulfilled promises and unchecked crises. The NCC demands Carney use the G7 platform to secure trade stability, meaningful energy deals with our allies, and table a federal budget to address the cost-of-living crisis made worse by inflationary Liberal spending. Failure to act now will cement an early legacy of inaction and leave Canadians to endure a prolonged period of hardship.

“The Carney government’s honeymoon has been built on hype, not results,” says NCC Director Alexander Brown. “From Gregor Robertson’s hidden millions, to stalled pipelines, to an immigration system in continued disarray, Canadians — and particularly young Canadians — are being let down. This week is Carney’s chance to prove he can deliver beyond the lies that were told to placate a portion of the electorate at the polls. If he fails to act, the economic decline, the crime and chaos, will only worsen, and everyday Canadians will pay the price.

“True Canadian leaders like Alberta Premier Danielle Smith are in attendance at the G7 along with Carney. If actual acts of ‘nation-building,’ and not more net-zero de-growth, do not come naturally to the PM, he should turn to those who have never wavered in their quest to make life more affordable for the hard-working citizens they are privileged to represent, and who know when to get out of the way to allow Canadians to prosper. More of the same internal, ideological sabotage from the Liberals cannot ruin this dire moment for Canada’s rebirth and recovery.”

The NCC calls on all Canadians to hold the Carney government accountable. Join us in demanding transparency, action, and results before the House adjourns and the G7 summit concludes. Together, we can fight for a stronger, more prosperous Canada.

About the National Citizens Coalition: Founded in 1967, the NCC is a non-profit organization dedicated to advocating for individual freedom, lower taxes, less government waste, and a stronger Canada. We hold governments accountable and fight for the interests of everyday Canadians.

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