Squamish Nation Negotiates Benefits from Woodfibre LNG plant

Friday, November 30, 2018
Author: 
CBC News
Source: 
CBC News

The Squamish First Nation has approved a benefits agreement with Woodfibre LNG in which the First Nation would receive over $225 million in cash over 40 years. The Squamish First Nation's council voted eight to six to support the project. As part of their agreement, they will require the project to meet 25 legally binding environmental conditions. A Howe Sound environmental group has stated its opposition to the project.

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