Sitting on the second-largest deposit of oilsands in Canada, the economy of the Cold Lake First Nation relies heavily on the natural resource industry.
But in a project announced Monday, the First Nation said it will be making a significant investment in a greener source of power.
The First Nation, about 225 kilometres northeast of Edmonton, rakes in millions of dollars of profits annually through its main company, Primco Dene, which provides camp catering, janitorial, EMS and security services in northeast Alberta.