Alberta to give First Nations loan guarantee for power plant project

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The province announced Wednesday it will provide a loan guarantee for a First Nations investment in a natural gas-fired generating facility

it says will someday produce 8 per cent of the province’s average electricity demand, and further reduce the province’s reliance on coal.

The power plant is going to mean “heat, and energy, and it’s going to transition into jobs, and it’s going transition into social programs.” The Premier said be believes the full participation of Indigenous people in the economy should be the ultimate goal of reconciliation. “What we’re witnessing is the long overdue Indigenous liberation from unemployment and poverty, which must be the moral cause of our time.”

 

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