Investor Consortia: Lands Dyck and Rumoured Half-Dozen

investor consortia: An Indigenous-owned Trans Mountain would establish real Indigenous decision-making and benefit-sharing in ancestral lands, according to The Toronto Star. DARRYL DYCK / THE CANADIAN PRESS FILE PHOTO A rumoured half-dozen Indigenous investor consortia are angling for the prize. Ottawa is committed to privatizing the Trans Mountain, and it is predisposed to an Indigenous buyer as part of its economic reconciliation agenda with the First Nations. The Prairies-based Project Reconciliation is on the inside track after providing some detail last week on its 6.8-billion proposal for a 51-per-cent stake in the 9-billion megaproject. There can only be one winner, but the other Indigenous bidding groups will be girded to take on other large-scale investments. That sum is Ottawa's cost in buying the 66-year-old pipeline and the estimated expense of tripling its capacity. (news.financializer.com). As reported in the news.