Sharing

TWO more pieces in the picture of how the northwest stands to benefit from resource development fell into place last week.

TWO more pieces in the picture of how the northwest stands to benefit from resource development fell into place last week.

One came in the form of revenue sharing deals between the provincial government and the Tahltan Central Council. The council will receive nearly $300,000 a year from water and land rents being paid by AltaGas to the province for the latter’s McLymont Creek and Volcano Creek run-of-river power projects.

The second came to light with news the Nisga’a Lisims Government is speaking with the province about revenue sharing concerning Avanti Mining’s proposed $1 billion molybdenum mine at Kitsault.

The Tahltan deal is not surprising as it is on top of one providing $2.5 million annually in water and land rents from the much larger Forrest Kerr run-of-river project also owned by AltaGas.

More surprising are the talks between the Nisga’a and the province because the Nisga’a, citing environmental and socio-economic concerns, last year took the province to court seeking an order to suspend the provincial environmental approval certificate given Avanti.

That court case is now adjourned, leading to speculation there’s a connection between that and the revenue sharing talks. Provided the talks produce a deal that satisfies Nisga’a concerns, a steady income stream can only benefit the Nisga’a and the rest of the region.

Just Posted

Highway 16 closed in both directions due to avalanche hazard

BC Highways is closing the highway between Prince Rupert and Terrace starting at 7 p.m.

Snowfall warning remains in effect

Public urged to postpone non-essential travel

Terrace to Hazelton bus service launched

First trip of BC Transit’s latest inter-community route set for Nov. 20

Snowfall warning issued for Terrace

Environment Canada expects up to 30cm by this evening

VIDEO: Rare comic showing Superman’s 1st appearance to be auctioned

The 1938 comic features Superman hoisting a car over his head

Start on time: Canucks looking to shake first-period struggles

Canucks centre Bo Horvat said the formula for getting a leg up is there for everyone to see

COMMUTER ALERT: Snowfall warnings in effect across B.C.

Travelling this weekend? Check the forecasts before hitting the road

Drones take off to search for missing North Okanagan women

A volunteer search party was supported by professional drone operators

Tips for keeping your personal data safe, from the experts

It’s important to keep your ‘online footprint’ safe

Lights to turn blue ahead of funeral for fallen Abbotsford police officer

Buildings across B.C. are going blue Saturday night in honour of Const. John Davidson

Ride-share pioneer drives up quietly to B.C. battleground

Lyft approaches B.C. without Uber bombast, eyes small towns

VIDEO: Rare comic showing Superman’s 1st appearance to be auctioned

The 1938 comic features Superman hoisting a car over his head

Pine beetles from Jasper National Park moving into commercial forest

In 2014, beetle activity went from a few spots around Jasper’s townsite to rampant

Most Read