This is a news compilation setting the record straight on the day’s top stories about the oil and gas industry.
News Headline:
Cenovus pledges $50 million to build Indigenous housing
The Facts:
Partnership with Indigenous communities can help bring them out of poverty.
- Indigenous groups like the National Coalition of Chiefs see resource development and partnerships as a means to combat poverty on reserves.https://coalitionofchiefs.ca/
- Cenovus’ original investment could be extended to 10 years and a $100 million investment going to Indigenous housing.https://www.theglobeandmail.com/business/industry-news/energy-and-resources/article-cenovus-energy-to-build-houses-for-indigenous-communities/