Explainer
Indigenous equity partnerships in Western Canada major projects
More and more major projects in Western Canada are partly owned, or majority owned, by First Nations. Under an equity partnership, a nation (or a group of nations) owns a share of the project. It earns a return on that share over the project's life, on top of jobs, contracts and benefit agreements. Government loan-guarantee programs, federal and provincial, help nations borrow to buy their stake.
Examples from our tracker
- Cedar LNG: owned by the Haisla Nation and Pembina; site works by Ledcor Haisla LP.
- Ksi Lisims LNG: proponents are the Nisga'a Nation, Rockies LNG and Western LNG.
- BC Hydro 2025 call for power: all 2025-call projects carry 51% First Nations equity.
- SaskPower Aspen: C$266M committed to Indigenous businesses (April 2026).
What it means for contractors
Nation-owned and joint-venture contractors (such as Ledcor Haisla LP on Cedar LNG) often hold the early civil and site packages. Partnering with them is often the way into this work.
Related projects
- Cedar LNGB.C. · Pipeline welded; FLNG >50%
- Ksi Lisims LNG + Prince Rupert Gas Transmission (PRGT)B.C. · Pre-FID
- BC Hydro 2024 and 2025 calls for powerB.C. · 2024 call: 10 EPAs (nine wind, one solar), about 4,830 GWh/yr. 2025 call: four projects, about 3,500 GWh/yr, announced May 2026
- SaskPower Aspen Power StationSaskatchewan · Under construction since April 2024; 1.4M worker hours to date
- LNG Canada Phase 2B.C. · FID Sep 28, 2026; early works since Oct 1
What subscribers see that this page doesn’t show
| What you get | Free | Paid |
|---|---|---|
| Project list with owner, status, next milestone and cost | ✓ | ✓ |
| Next 10 dates on the bid calendar | ✓ | ✓ |
| All 64 dated milestones, .ics export and a watchlist | — | ✓ |
| What happens on each date (details for every milestone) | — | ✓ |
| Procurement packages and buyer contacts per project | — | ✓ |
| Two monthly reports (PDF) with maps and buyer tables | — | ✓ |
| Mid-month update on projects that moved | — | ✓ |
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