“When Calgary-based AltaGas Ltd. started work on a $725-million run-of-river power development 380 kilometres northwest of Terrace, it was a practical move to enlist the Tahltan Nation Development Corp. as a partner on the project. “
More often than not, we see First Nations as being an obstacle for business to overcome, in order to proceed with their daily economic development. However, in this particular case, we see a mutual beneficial partnership between AltaGas Ltd. and the Tahltan Nation Development Corp. Contrary to what many people may think was simply an agreement in order to satisfy the Tahltan peoples aboriginal rights, Tahltan Nation Development offered a wide range of services that benefited AltaGas, such as a ready- made workforce at the remote location of the project, and expertise in the surrounding environment. Furthermore, Tahltan Nation development was very helpful in operating heavy machinery, road maintenance, and camp facilities.
This partnership between AltaGas Ltd. and Tahltan Nation Development Corp. should serve as economic precedence to future business endeavours. As you can see, First Nations have plenty to offer in terms of expertise, work ethic, and skills. I feel as though businesses and First nations should make a greater effort in working together, rather than working against one another. If so, both entities could benefit substantially. Businesses could provide employment for the aboriginal individuals or companies, and the First Nations bring the aspect of expertise and positive social impact. Aboriginal title to land will prevent companies from over exploiting the environment. However, mutual partnerships could allow businesses to exploit certain aspects of the land, while also creating shared value. The aspect of social value and shareholder value, which is a key value proposition of Tahltan Development, will lead to both economic growth and the preservation of ecosystems. In the end, if they could work together as one, Aboriginals and businesses could seek alternatives that would benefit both parties, thus ending the continuous disputes.
Source:http://www.vancouversun.com/business/First+Nations+Tahltan+AltaGas+partnership/10236269/story.html