The Supreme Court of Canada recently ruled that Aboriginals can claim land in Canada. Because Aboriginals living in Canada have always had issues with borders and territories, this move reserves rights for these groups and shows respect towards borders. While this may seem like a movement towards peace, I believe that there would be several economical and financial consequences due to this move.
Enbridge Inc. is planning on moving its Northern Gateway pipeline from Alberta to British Columbia. This is so that the pipeline could shipments to Asia. Part of the ruling involves a piece of land in British Columbia that is 1750 square k.m. This means that the ruling may have an impact on Enbridge’s plan, because any project commenced on claimed land without consent may be forced to cancel. Enbridge’s original plan, which would save the company thousands of dollars for not only the company but also for Canada, may be affected by this ruling that is trying to foster Canada’s internal relationships.
This sparks a question – if such a ruling could have a major economic impact on Canada, is it worth it for First Nations to own land?
Original article: http://www.businessweek.com/ap/2014-06-27/canada-sees-landmark-ruling-on-aboriginals-land