Cenovus to announce major investment in Indigenous communities near Alberta oilsands operations
The CEO for Cenovus will be announcing what’s described as the largest community investment in the company’s history Thursday morning.
The project, currently under wraps, will be focused on Indigenous communities near the Cenovus oilsands operations in northern Alberta, and will take place over multiple years.
The company has planned a press conference with CEO Alex Pourbaix at the Oddfellows Building in Calgary.
- CBC will stream the announcement live at 10 a.m. MT
Six community leaders will be attending the announcement, including:
- Chipewyan Prairie Dene First Nation Chief Vern Janvier.
- Cold Lake First Nations Chief Roger Marten.
- Heart Lake First Nation Chief Curtis Monias.
- Beaver Lake Cree Nation Coun. Shirley Paradis.
- Conklin Resource Development Advisory Committee board member Val Quintal, to represent Conklin Métis Local 193.
- Chard Métis Local 218 president Raoul Montgrand.
Cenovus, one of Canada’s largest oil and gas companies, has two producing oilsands operations in northeastern Alberta: Christina Lake and Foster Creek.