Greater Indigenous economic sovereignty 

François Poirier believes that Indigenous ownership of energy infrastructure is key to advancing economic reconciliation. He shares his perspective in the announcement that TC Energy has signed an equity interest purchase agreement with an Indigenous-owned investment partnership representing 72 Indigenous Communities. The purchase of a stake in the NGTL System and the Foothills Pipeline assets was a milestone made possible by loan guarantees from the Alberta Indigenous Opportunities Corporation. Both CIBC and TD acted as financial advisors to parties engaged in the agreement. 

“Indigenous ownership is the path to a more prosperous nation. As owners, Indigenous Communities will have resources to invest for the future and greater economic sovereignty. The Alberta Indigenous Opportunities Corporation is leading the world with its innovative approach to supporting Indigenous economic opportunity. TC Energy is proud to be a part of this historic agreement.” 

François Poirier, President and Chief Executive Officer, TC Energy