CARIBOU MOUNTAIN PROPANE LP
The creation of the company followed an intensive review in 2019 of historical costs associated with the supply of large annual volume propane to the communities of Fox Lake, Garden River and John D’Or. Following the review a business model was developed which supported the viability of creating a new business entity which would supply propane to the First Nation and the general local regional market.
Cangas Propane embraced the VISION of RECONCIALITION and the economic viability of the business model to offer to partner with the Corporate Group in a 50/50 partnership to establish a new business venture to supply propane to the regional distribution market surrounding High Level. Caribou Mountain Propane (CMP) is now a strong competitor for retain customers in the High Level area.
In addition, propane pricing for the Nation and its members was obtained at a considerable discount to what the previous provider historically charged with a guaranteed fixed-rate-above rack pricing for the long-term.