Feds Seek New Aboriginal Oil And Gas Ventures

Monday, June 29, 2009 at 13:37



A Saskatchewan company hired to help Aboriginal businesses grow says there’s still time to apply for the program.


The federal government is providing $3.9 million through a pilot project to help First Nations get into the oil and gas industry.


The pilot project is scheduled to last two to three years.


Westcap Management President and CEO Grant Cook says his Regina-based company has received some interest already from First Nations and Metis groups.


But he says there’s still lots of time for other bands or Metis people who want to apply, and he wants to ensure that anyone who might be interested is aware of the opportunity.


Businesses set up under the program will work with WestCap or other business partners to find business opportunities.


They’ll also look for money for money for investments.