36 First Nations Receive First Federal Indigenous Loan Guarantee for $715M Equity Investment in Enbridge’s Westcoast Pipeline

Congratulations to our client, Stonlasec8 Indigenous Alliance, for receiving the first Federal Indigenous Loan Guarantee (a loan guarantee of $400M) to support its acquisition of a 12.5% equity interest in Enbridge’s Westcoast natural gas pipeline system – a landmark Indigenous equity transaction by Stonlasec8 on behalf of 38 First Nations in British Columbia.  The transaction team from Boughton Law comprised of  Philip Barton, Donya Vahidi, Karim Lalani, Susan Do and Claire Gibson.