Native American Group Takes Ownership State in Enbridge's Northern Gateway Pipeline Project

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Enbridge Inc.'s $5.5 billion Northern Gateway pipeline project,  hammered by criticism from aboriginal and environmental groups this week, got a major backer Friday when the Gitxsan First Nation announced it is taking an ownership stake in the project.

The Gitxsan First Nation, one of BC's best-known aboriginal communities due to its role in a landmark land rights court ruling, said it expects to generate at least $7 million in net profits from the joint agreement.

"Over time we have established a relationship of trust with Enbridge, we have examined and assessed this project, and we believe it can be built and operated safely," said Hereditary Chief Elmer Derrick in a news release was released "on behalf of the Gitxsan Hereditary Chiefs."

The Hazelson, BC-based First Nation's announcement, involving a community with a population estimated by Enbridge at 13,000, represents a blow to environmental and aboriginal groups who have vehemently opposed the project.

A little of bit of sanity. A little bit of sunshine.