Tag Archives: resource extraction
‘Reconciliation in Canada’: The Clearwater deal marks Indigenous nations’ growing clout
Chief Terry Paul, of Membertou First Nation in Nova Scotia, who is leading the Mi’kmaq coalition, described it as a “transformational opportunity for the Mi’kmaq to become significant participants in the commercial fishery,” and praised Clearwater’s management expertise, infrastructure and global presence. A spokeswoman for Clearwater said the new owners have no plans to make any operational changes other than taking the company private. The deal is a major leap for Paul’s Membertou Nation, which posted $67 million in revenue in 2019, with a diversified revenue stream from fishing, the Membertou Trade & Convention Centre on Cape Breton Island and a number of other businesses. >click to read< 10:50
