Fort McKay First Nation and ministers announce regulation amendments on oil sands

The announcement says amendments could help economic reconciliation

Fort McKay First Nation and ministers announce regulation amendments on oil sands

The Fort McKay First Nation, the federal government and the province of Alberta have announced regulations amending the Fort McKay First Nation Oil Sands Regulations.

The amendments made to the 2007 regulations, which were developed between the Fort Mckay First Nation and both federal and provincial governments as part of the First Nations Commercial and Industrial Development Act, were needed so that they can be easily accessed, clear, and incorporated into Alberta’s modernized provincial legislation and regulations, says the announcement.

Fort McKay First Nation first received an Addition to Reserve Lands as part of a 2004 Treaty Land Entitlement Settlement Agreement. This included oil sands deposits. The original regulations developed in 2007 were supposedly made to address the issues that came with developing the oil sands.

“Fort McKay First Nation has long been at the forefront of economic development in Northern Alberta, both as a business leader and an environmental steward,” said Raymond Powder, the chief of the Fort McKay First Nation, in the press release announcing the regulations.

With the updated regulatory regime, investors and operators can be assured that they will be able to advance an oil sands project on Fort McKay First Nation reserve land 174C, which can give economic benefits to the community as the changes represent an opportunity for economic reconciliation.


Recent articles & video

BC Court of Appeal overturns ruling requiring disclosure of privileged information on birth alerts

Ontario Superior Court finds Ottawa negligent in response to Uber's entry, damaging taxi industry

BC Supreme Court upholds drivers' liability in car crash injuring cyclist

Ontario Superior Court orders child's return from Alberta in custody dispute

Alberta court rules expert evidence inadmissible following settlement in medical negligence case

New metric developed to assess socioeconomic challenges of US law school applicants

Most Read Articles

New CRA audit powers proposed in federal budget raise uncertainty, say Davies tax lawyers

Mergers and acquisitions in the AI space need unique due diligence considerations: Dentons lawyers

Alberta court refuses to stay bankruptcy proceedings in favour of family law proceedings

Michael Ezri appointed to Tax Court of Canada