Trans Mountain to Sell 30% to Indigenous Groups, Premier Says.

Canada's federal government is planning to sell a 30% stake in the Trans Mountain pipeline system to indigenous owners, according to Alberta's premier. The government aims to raise C$10 billion ($7.3 billion) in equity to privatize the system, with the indigenous partners owning 30% of the stake. The government has proposed a special-purpose vehicle for First Nations groups to hold a stake in the pipeline, and it intends to provide risk-free access to capital for those who choose to participate. The sales process has faced delays, but the government remains committed to selling the pipeline and involving First Nations. [Extracted from the article]