Enbridge to sell stakes in seven pipelines to Indigenous groups for $1.12 billion

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 6 Managing Financial Resources.

Description: The deal is the largest of its kind in North America to date, says company

Source: FinancialPost.com

Date: Sep 28, 2022

Link: https://financialpost.com/commodities/energy/oil-gas/enbridge-pipeline-stake-first-nation-metis-groups

Questions for discussion:

  • Why is this announcement significant news for the industry?
  • How does it set a precedent for future business dealings that involve indigenous peoples?

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