BC Hydro reaches agreements with Indian Bank on Site C

6 July 2016


BC Hydro and McLeod Lake Indian Band have concluded agreements that will provide economic development opportunities and other benefits related to the construction and operation of the Canadian utility's Site C Clean Energy Project.

The agreements, which were endorsed in a vote by McLeod Lake Indian Band members, include an Impact Benefits Agreement, a Contracting Agreement, as well as a Tripartite Lands Agreement, to which the Province of British Columbia is also a party. Benefits under the agreements include a lump sum payment, a payment stream over 70 years, procurement opportunities for McLeod Lake companies, the transfer of provincial Crown lands to McLeod Lake, and a commitment to consider land management initiatives involving McLeod Lake respecting certain lands.

McLeod Lake Indian Band is a Tse'khene First Nation that adhered to Treaty No. 8 in 2000. The main community of McLeod Lake Band is located on McLeod Lake Indian Band Indian Reserves #1 and #5 near the unincorporated village of McLeod Lake, approximately 150 kilometers north of Prince George on Highway 97. McLeod Lake Band Membership totals about 515 members.

The Site C Clean Energy Project is a hydroelectric dam and generating station under construction in northeast British Columbia. The project is being built to meet long-term electricity needs in the province. Once complete in 2024, the project is expected to provide clean, reliable and cost-effective electricity for more than 100 years.

 

 



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