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HLFN as an example of a successful, mutually- This investment provides the Indigenous peoples
beneficial relationship. “The direct benefit of our who are most impacted by these assets a direct
efforts improves the quality of lives for our people,” stake in and accountability for their stewardship
says Bagga. “Participation with our partners and providing a significant economic impact now
promote our mission of self-reliance and supports and for generations.
the improvements of the well-being of our nations
families, citizens, and overall community.” A newly created entity, Athabasca Indigenous
Investments (Aii), will steward this investment,
One such pioneering partnership is the Athabasca which represents the largest energy-related
Indigenous Investments—an historic, landmark Indigenous economic partnership transaction in
partnership made up of 23 diverse Indigenous North America to date.
communities who came together to purchase seven
pipelines that move critical energy resources from “We are very pleased to be joining our Indigenous
our traditional lands to global markets. partners in this landmark collaboration,” said Al
8 OCT 2022 | BUSINESS ELITE CANADA
