Tahltan, AltaGas ink benefits deals

THE TAHLTAN Central Council and AltaGas have now signed two impact benefit agreements tied to two planned run of river projects on Tahltan traditional territory.

  • Sep. 29, 2011 6:00 a.m.

THE TAHLTAN Central Council and AltaGas have now signed two impact benefit agreements tied to two planned run of river projects on Tahltan traditional territory.

The signings, which took place Sept. 28, followed voter acceptance by the Tahltan of the agreements providing cash, profit sharing, equity arrangements, scholarships, business opportunities and employment for the McLymont Creek and Volcano Creek projects.

Together with the Forrest Kerr run of river project, already under construction, the AltaGas expenditure is to be approximately $1 billion.

The Alberta-based company has a 60-year sales deal with BC Hydro and the power it generates will be fed into the crown corporation’s grid at a substation at Bob Quinn which is to be built as part of the Northwest Transmission Line project.

“The IBAs establish a formal partnership between AltaGas and the Tahltan Nation and enable us to continue to develop our projects in collaboration with the Tahltan community,” said David Cornhill, Chairman and Chief Executive Officer of AltaGas.

“We look forward to strengthening our relationship with AltaGas as we work together in the development of these projects, ensuring our nation, people and businesses receive financial benefits, including revenue sharing, jobs and contract opportunities, while also minimizing the environmental impacts and protecting our culture and way of life,” said Annita McPhee, President of the Tahltan Central Council.

Terms of the agreements were not released.

AltaGas expects Forrest Kerr to be completed in 2014 followed by McLymont Creek in 2015 and Volcano Creek in 2016. Total production is to be in the 270 megawatt range.

Once completed, the projects will provide enough electricity for approximately 95,000 homes in British Columbia and will offset more than 780,000 tonnes of greenhouse gas equivalents annually, says AltaGas.



Just Posted

First Tears to Hope Relay Run to Terrace for MMIWG

Over 50 participants are running the Highway of Tears from both Prince Rupert and Smithers

Antique window destroyed during latest break-in at George Little House

“I feel like I let the house down,” says manager

First dedicated rugby field in northern B.C. opens in Terrace

The Northmen Rugby Club held the ribbon-cutting celebration

Terrace’s first licensed marijuana store opens

KJ’s Best Cannabis will sell cannabis, pre-rolled joints and oils for customers

Under pressure: SD82 takes heat over principal reassignments

School district hears demands during packed board meeting in Terrace

Air Canada reviewing how crew left sleeping passenger on parked plane

In a Facebook post, the woman said she woke up ‘all alone’ on a ‘cold dark’ aircraft

Man presumed dead after boat capsizes in Columbia River

Search and rescue efforts recovered a life jacket

Crews fight wildfire along Sea-to-Sky Highway

A cause has not been determined, although a downed power line is suspected

PHOTOS: Event marks one year since soccer team rescued from Thai cave

Nine players and coach took part in marathon and bike event to help improve conditions at cave

Rock climber dies after fall at Stawamus Chief in Squamish

The man had fallen about 30 metres while climbing in the Grand Wall area

Five B.C. students taken to hospital after playing with vaping device

School district said students were taken to hospital ‘out of an abundance of caution’

Being a pot dealer is not what it used to be

Sunday Big Read: the business of selling marijuana in B.C. is a slow bureaucratic slog

VIDEO: Two more pride flags have been stolen from Langley woman

Lisa Ebenal was “angry” and “fed up” after the latest theft. Then people started showing suppport

B.C. couple who has raised 58 children turns to community amid cancer diagnosis

Family who raised, fostered and adopted many kids hoping to gain some precious together time to fight cancer

Most Read