CPA participates in Forward Summit panel on Indigenous ownership in the energy sector

The following story is written by Glen Parent, IOGC Manager, Communications and Executive Services: May 25, 2023

Indian Oil and Gas Canada Acting CEO participates in panel discussion at Forward Summit West conference

Cristi Adams, Acting Executive Director and CEO of Indian Oil and Gas Canada, participated in a panel discussion on Indigenous ownership in the energy sector at the Forward Summit West on May 18.

The theme of the conference, held on May 17 and 18 at the Grey Eagle Casino and Resort on the Tsuut’ina Nation near Calgary, was Empowering Indigenous Economies. Nearly 1000 delegates from First Nations, the energy industry, various levels of governments and others attended the conference.

“Economic sovereignty is the pathway to full sovereignty,” said Adams. Speaking about the importance of First Nations organizing themselves to participate as full partners with industry, Adams said, “Band-owned companies allow First Nations to have a voice at the table instead of being a silent partner.”

Katie Kachur, Vice-President, Government Relations, West for the Canadian Propane Association, also participated in the panel discussion. Kachur emphasized the importance of the energy industry and Indigenous businesses working together on existing and new energy projects. “Canadians need reliable and affordable energy,” said Kachur.

IOGC is an agency within Indigenous Services Canada that manages and regulates oil and gas resources on designated First Nation lands. In the last five years, royalties and other payments resulting from oil and gas exploration paid to First Nations in western Canada totaled over $350 million.

IOGC is based at the Tsuut’ina Nation, just west of Calgary. IOGC negotiates and administers agreements between the Crown, First Nations and oil and gas companies. IOGC is currently working with over 55 First Nations in western Canada with the management of their oil and gas resources.

Indian Oil and Gas Canada: https://www.pgic-iogc.gc.ca/

Further info: Indigenous Services Canada’s Aboriginal Entrepreneurship Program provides access to capital and business opportunities to Indigenous entrepreneurs and business owners in Canada. This program promotes entrepreneurship in Indigenous communities and seeks to increase the number of viable Indigenous-owned businesses.