The Canadian Association of Petroleum Producers (CAPP) and the Indian Resource Council (IRC) have signed a memorandum of understanding (MOU) outlining how both organizations can work together toward the common goals of responsible resource development and economic reconciliation.
Founded in 1987, the IRC is made up of First Nations across Canada that have oil and natural gas production or potential for production on their territories. The IRC advocates for a greater and meaningful role of First Nations in the energy sector through building capacity, employment and value-added programs. First Nations prosperity and development, and industry growth, are complementary goals and industry is committed to achieving these goals in collaboration with Indigenous communities and businesses.
“CAPP places high value on our relationship with the IRC and we look forward to building on this agreement and working together on matters of mutual interest,” says Tim McMillan, CAPP president and CEO. “Severe economic impacts from the pandemic are being felt across the industry and extend to many Indigenous communities as well. Greater collaboration is important as we work toward shared goals and a stable future to ensure all Canadians benefit from the economic recovery.”
Canada’s natural gas and oil industry is Canada’s largest employer of people who identify as Indigenous, and many companies across the country have a variety of agreements with Indigenous groups and communities, from helping build community capacity to equity interest in projects and working directly with Indigenous-owned businesses. Mutually beneficial relationships between industry and Indigenous communities contribute to responsible resource development, and to overall reconciliation and Indigenous self-determination by supporting the growth of sustainable Indigenous communities.