Fort McMurray First Nation

TELUS breaks ground in Wood Buffalo, investing $21 million on PureFibre network

Retrieved on: 
Thursday, June 9, 2022
First Nations, Telus International, Social change, WOOD, Human, Friends, RMWB, Fortification, IP, Agriculture, AI, CEO, Telus Health, Chipewyan Prairie First Nation, Travel, Investment, Regional municipality, GLOBE, Technology, Health, NYSE, TSX, Quality of life, TELUS, Twitter, Family, Telecommuting, Fort McMurray, Instagram, Financial technology, Internet, Organic, Philosophy, Education, Television, Fort McMurray First Nation, Renewable energy, Oil, Tourism, Regional Municipality of Wood Buffalo, Gregoire Lake Estates, Western Canada, Australian and New Zealand Army Corps, Wood buffalo

WOOD BUFFALO, Alberta, June 09, 2022 (GLOBE NEWSWIRE) -- TELUS is beginning construction this summer working with the Regional Municipality of Wood Buffalo (RMWB) to connect several rural communities directly to the TELUS PureFibre network, anticipating that more than 90% of homes and businesses within the footprint will be connected by the end of 2023. TELUS and the RMWB are investing $21 million to complete this network infrastructure, connecting residents and businesses in Anzac, Chipewyan Prairie First Nation, Conklin Métis, Draper, Fort McKay First Nation, Fort McKay Métis, Fort McMurray First Nation, Gregoire Lake Estates, Janvier Métis, and Willow Lake Métis directly to gigabit Internet speeds while expanding cellular coverage throughout the region. Through this collaboration, the RMWB is contributing $13.2M to the project, representing one of the single largest partnerships between TELUS and a municipality to expand connectivity. This project is part of TELUS’ investment of $17 billion in network infrastructure, operations, and spectrum across Alberta over the next four years, and commitment to investing $70 billion overall across Canada by 2026.

Key Points: 
  • This $21 million investment in Wood Buffalo is a true demonstration of TELUS long-standing commitment to improving the lives of Canadians by connecting communities from coast-to-coast with our global-leading wireless PureFibre network, said Darren Entwistle, President and CEO of TELUS.
  • A 100 per cent pure fibre-to-the-home network means that every part of the TELUS PureFibre network is built with state-of-the-art fibre optics, right up to the connection point at the home or business, ensuring customers have the fastest most capable network available.
  • With the only true all fibre network in Western Canada, TELUS delivers the best network performance available anywhere in the world, including the fastest upload and download speeds.
  • Through connection to the PureFibre network, TELUS is opening doors to community members who will have increased opportunities for online training/education, improved healthcare & cultural programming, and economic opportunities.

Alberta Indigenous Opportunities Corporation Announces Close of Northern Courier Pipeline System Deal

Retrieved on: 
Tuesday, November 30, 2021
Sale, Lists of people executed in the United States, Local council, First Nations, Fort McMurray First Nation, State-owned enterprise, Legislation, Suncor Energy, Investment, GLOBE, NCPS, AIOC, Ownership, Chipewyan Prairie First Nation, Fortification, Oil

CALGARY, Alberta, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Alberta Indigenous Opportunities Corporation (AIOC) is proud to announce that the Northern Courier Pipeline System sale has closed, marking the end of years of collaboration and negotiations among all partners and making the Astisiy Limited Partnership (Astisiy), comprised of Suncor Energy and the eight Indigenous Communities, the official owners of a 15 per cent stake in the Northern Courier Pipeline System (NCPS).

Key Points: 
  • CALGARY, Alberta, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Alberta Indigenous Opportunities Corporation (AIOC) is proud to announce that the Northern Courier Pipeline System sale has closed, marking the end of years of collaboration and negotiations among all partners and making the Astisiy Limited Partnership (Astisiy), comprised of Suncor Energy and the eight Indigenous Communities, the official owners of a 15 per cent stake in the Northern Courier Pipeline System (NCPS).
  • This deal really encapsulates our mandate to facilitate investments by Indigenous communities and advance their role as true partners in Albertas natural resource economy.
  • We look forward to seeing each of the communities involved in todays deal flourish and grow in the years to come.
  • These own-source revenue streams will help bring prosperity and equity to each Indigenous Community involved in todays exciting announcement.

Alberta Indigenous Opportunities Corporation Provides up to $40 Million Guarantee to Support Eight Indigenous Communities in Financing of Northern Courier Pipeline System

Retrieved on: 
Thursday, September 16, 2021
Education, Fort McMurray First Nation, Ownership, Housing, CEO, Limited partnership, NCP, Alberta Investment Management Corporation, Suncor Energy, Animal Management in Rural and Remote Indigenous Communities, Pipeline, Community, Chipewyan Prairie First Nation, State-owned enterprise, Athabasca Chipewyan First Nation, Lists of people executed in the United States, Master limited partnership, Industry, Legislation, Fort McMurray, GLOBE, Fortification, Local council, Aimco, AIOC, Oil, Mining

CALGARY, Alberta, Sept. 16, 2021 (GLOBE NEWSWIRE) -- Alberta Indigenous Opportunities Corporation (AIOC) is proud to announce that it has provided up to a $40 Million loan guarantee to support eight Indigenous Communities in the Wood Buffalo Region, to finance a 14.25 per cent ownership interest in the Northern Courier Pipeline System (NCP System) including the Pipeline and associated storage facilities.

Key Points: 
  • CALGARY, Alberta, Sept. 16, 2021 (GLOBE NEWSWIRE) -- Alberta Indigenous Opportunities Corporation (AIOC) is proud to announce that it has provided up to a $40 Million loan guarantee to support eight Indigenous Communities in the Wood Buffalo Region, to finance a 14.25 per cent ownership interest in the Northern Courier Pipeline System (NCP System) including the Pipeline and associated storage facilities.
  • The NCP System consists of 90 kilometers of bitumen and diluent pipeline connecting the Fort Hills Oil Sands project in Northern Alberta with Suncors facilities in Fort McMurray.
  • Athabasca Chipewyan First Nation Chief, Allan Adam said, The Northern Courier Pipeline opportunity represents an example of what is possible when Industry and Indigenous communities collaborate on Economic Reconciliation.
  • Investment in the energy sector is a clear path for indigenous communities to finally realize economic reconciliation.