First Nations Owned Venture Signs MOU with Bruce Power - Association nucléaire canadienne

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First Nations Owned Venture Signs MOU with Bruce Power

January 28, 2019

A locally-based, First Nation-owned business venture has signed a memorandum of understanding with Bruce Power to provide services as part of the Life-Extension Program.

The Tiverton-based nuclear giant says in a release Makwa Development Corp., owned by Nawash residents Scott Lee and Shane Chegahno, has teamed up with a construction company based on Saskatchewan’s English River First Nation that brings extensive experience working in Canada’s nuclear sector.

Tron and Makwa recently signed an agreement to create a fully First Nation-owned venture, with a goal of maximizing employment of local Indigenous people.

“The Makwa-Tron joint venture will be 100 per cent First Nation-owned,” Lee says in a release. “The entity will be situated on the Nawash First Nation and will hopefully create immediate opportunities and benefits for both the Nawash and

Saugeen First Nations and their respective Band Members. Our hope is that our community members as well as businesses owned by community members will be able to derive benefit from the coming decades of Bruce Power operations in the SON Territory.”

Bruce Power president and CEO Mike Rencheck says the Makwa-Tron joint venture will provide a variety of services to Bruce Power during the Life-Extension Program.

Tron has experience ranging from infrastructure and utilities construction to electrical and instrumentation installation, as well as vessel fabrication.

“Bruce Power is committed to developing wealth-creation solutions for Indigenous peoples on a number of fronts, and these types of business partnerships are a key element to achieving this,” Rencheck says. “The Makwa-Tron joint venture will provide community members with excellent jobs and give Bruce Power the skillsets we require to advance our investment program.”

Ontario’s Minister of Energy, Mines and Northern Development, as well as the Minister of Indigenous Affairs, Greg Rickford, says it’s encouraging to see this collaboration between Bruce Power, Makwa and Tron.

“These are the types of partnerships that support economic development, create good jobs, and provide opportunities for First Nations communities to share in Ontario’s prosperity,” Rickford explains. “Indigenous communities possess immense skill and expertise for endeavours like this, and this project will undoubtedly showcase the benefits of local partnership, and encourage similar economic development into the future.

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