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Manitoba Hydro deal nixed

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The chief of the Sagkeeng First Nation says he and his council are disappointed the band's membership has voted down a Manitoba Hydro deal worth $200 million to the Ojibwa community.

The chief of the Sagkeeng First Nation says he and his council are disappointed the band's membership has voted down a Manitoba Hydro deal worth $200 million to the Ojibwa community.

Donovan Fontaine said the deal wasn’t perfect, but it was “pretty darn good.”

There are 7,500 registered band members on the First Nation 145 kilometres north of Winnipeg, but only 385 people turned out for the vote, where the accord was rejected 265 to 120.

The $200 million deal would have run for 40 years and covered full shoreline protection for reserve lands along the Winnipeg River, excluding Traverse Bay, at an estimated cost of $50 million to $80 million.

There were also promises for jobs through a minimum target of $100 million in contract work for Sagkeeng in relation to any Hydro construction and development on the Winnipeg River.

News from © Canadian Press Enterprises Inc., 2014

by Journal Of Commerce

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