TC Energy sold an economic stake in the Coastal GasLink pipeline to five First Nations groups.

What it means

TC Energy has completed a deal to sell an economic interest in the Coastal GasLink natural gas pipeline to five First Nations along the route in British Columbia. The pipeline feeds the LNG Canada export terminal, and the transaction gives the Indigenous groups a share of the long-term revenue from the project without transferring operational control. This is part of a broader push for Indigenous equity participation in Canadian energy infrastructure.

Accuracy & sourcesSourced

The claim is well-supported by multiple reputable news outlets (Financial Post, BNN Bloomberg, Yahoo Finance) that are citing TC Energy's own announcement. The reporting is consistent and appears to be based directly on a company press release, making the core fact reliable.

How new

Genuinely new: all reports are dated October 13, 2026, and no recirculation year is indicated.

Go deeper

• Financial Post — first to publish