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Alberta moves to create $1B Indigenous Opportunities corporation – JWN

Oct. 9, 2019,

EDMONTON — The Alberta government has introduced legislation to set up a new Crown corporation to help Indigenous groups invest in major natural resource projects.

The United Conservatives have introduced a bill that says the government would put up $1 billion, along with technical and financial advice, to backstop the Crown.

Premier Jason Kenney says it would be a new way of doing business with First Nations.

He says it would focus on partnerships led by the arms-length Crown agency rather than “picking winners and losers.”

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