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The population of Squamish has reached 1.1 billion dollars. USA under the agreement on forestry

According to the spokesperson, it was not easy to make the decision of Squamish First Nation to approve the LNG proposal worth $ 1.6 billion. Woodfibre, but it brought potential benefits of $ 1.1 billion. US land and cash.

Last week, the Squamish First Nation Council approved three agreements on economic benefits — one at a time with Woodfibre, FortisBC, and the province, but “depending on the environmental conditions that are being met, according to a news release released on Thursday.

Qualified with the term “if a project is being built”, he speaks of 40-year transactions that include cash payments totaling $ 225.65 million. USA, 1600 short-term and 330 long-term jobs, business opportunities and land transfers of 422 hectares.

“Communities sometimes face difficult decisions, and it is recognized that this was a difficult decision for many,” said Squamish Coun. Helsil, whose English name is Dustin Rivers, said in a press release.

Helsilem was not available for an interview on Thursday, but a statement said that the preservation of Woodfiber and Fortis, accountable for the life of the plant for liquefying natural gas, including until its decommissioning, is the next priority of the first nation.

“By agreement of supporters, we will jointly develop project management plans and will have our own on-site observers to report any non-compliance with the conditions of culture, employment and training,” said Helsil.

Agreement on impact and benefit agreements was a prerequisite for Woodfibre LNG’s own environmental assessment of the Squamish Nation proposal and a key issue for the company that had to be resolved prior to construction.

“With this vote (on the Squamish Nation stratum) and what was done by the provincial government, there are actually no internal problems that should have kept us,” said Bing Giraud, vice president of corporate affairs at Woodfibre.

Giraud said the company still needs to join forces with Squamish Nation to write nine environmental management plans, but Woodfibre expects to publish a notice that it is continuing construction in early 2019.

“Please note that the start of construction is two different things,” said Giraud. "Notification means we allow money for long-term items."

Gyrou expects significant work to begin on this site, the old Woodfibre pulp and paper mill southwest of Squamish on Howe Sound, next fall.

For Squamish Nation, this would mean:

• Annual payments totaling $ 187.8 million. United States during the term of the agreement on its payment.

• Payments of $ 18.75 million. United States in three stages – the signing of the agreement, the beginning of construction and the beginning of activities.

• Targeted payments, including money for a cultural fund in the amount of $ 3 million. US and 16.1 million dollars. US intended for employment, training and continuing education for members of the Squamish nation.

• Approximately 1,600 urgent construction jobs and 330 long-term jobs, where, if Squamish members are not qualified, funds will be allocated for training.

• Business opportunities to be awarded in the amount of up to 872.4 million dollars. US contracts for qualified bidders who can win a competition.

• Transfer of nine land plots totaling 422 ha for the country of Squamish for housing and economic development.

The current mayor of Squamish County, Doug Ras, acknowledged in a written statement that Woodfiber remains a controversial proposal, but he welcomes the economic benefits, including those that accrue to the Squamish people.

“Thanks to our long-term work with the Squamish Nation, we are always pleased to hear when they achieve benefits from projects on their territory,” the statement said. He was not available for an interview.

The race added that his municipality "has yet to understand the local tax breaks that will be implemented under the Woodfibre project," and there are "both positive and negative social and socio-economic consequences that Squamish District must prepare."

However, the decision of Squamish Nation came as a surprise to the environmental group My Sea to Sky, which opposes the project, and believes that the first nation was ready to hold a referendum in the community on an agreement on controversial benefits.

“I don’t want to criticize, unduly, Squamish First Nation,” said Eoin Finn, chairman of My Sea. "They are given a bunch of advantages that one could argue about long overdue."

“I just want them to not get their benefits that way,” said Finn.

Finn said that “My Sea for the Sky”, in particular, indicates that the province uses its resources for agreements that have won the support of the Cape, effectively supporting the development of fossil fuels, while it also promised to reduce greenhouse gas emissions in BC

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