Seven First Nations have signed non-binding term sheets with the Province of British Columbia and BC Hydro, marking a major step forward in Indigenous-led infrastructure development on the North Coast.
The agreement, signed July 21 on Squamish Nation territory, sets the foundation for co-ownership of the North Coast Transmission Line — a project designed to support clean power, economic growth, and reconciliation.
The signatory Nations include Lax Kw’alaams, Metlakatla, Witset, Ts’il Kaz Koh, Wet’suwet’en First Nation, Nee Tahi Buhn Band, and Wet’suwet’en Hereditary Chiefs. The agreement could bring over $1.4 billion in financial benefits to participating Nations, including a guaranteed $450 million in First Nations construction contracts.
Leaders at the event emphasized that the collaboration represents a new model for Indigenous involvement in energy development. Youth witnesses were called as part of the traditional signing ceremony, highlighting the intergenerational impact of the agreement.
B.C. Energy Minister Adrian Dix and BC Hydro CEO Chris O’Riley called the agreement a model for future partnerships, while First Nations leaders described it as a historic and empowering step toward economic sovereignty and environmental stewardship.
Final agreements are expected in the coming months, with other Nations still reviewing participation.
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