CASCADE PROJECT GOOD NEWS, AIOC PROBLEMS REMAIN

EDMONTON – Alberta NDP Leader Rachel Notley issued the following statement in response to the announcement of the first AIOC-backed project.

“While investment in the Cascade Power Project is good news, the problems with the Alberta Indigenous Opportunities Corporation remain. Only certain First Nations can qualify for the loan guarantees offered by the AIOC and the scope of economic development included is far too limited.

“True economic reconciliation would ensure greater self-determination by Indigenous groups of the types of projects they would like to support as they move forward. I would encourage the Premier to work with Indigenous partners to improve the AIOC.”