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Gladu Critical Of Trans Mountain Pipeline Purchase
31 May 2018, 07:31 | Ross Houston
Image Credit CFJC Today
Sumas First Nation Chief Dalton Silver said his community remains fiercely opposed to the existing tank farm in their territory, let alone the proposed expansion. But $4.5 billion won't cover the future construction costs. While Ottawa has said it doesn't want to own the pipeline in the long term, the chance of Alberta keeping its stake in the project would depend on a few factors.
The Canadian Press has learned there are three options on the table, which include the government buying and building the expansion, then selling it once it's complete; and buying it on an interim basis, then selling it to investors and leaving them to handle the construction.
The remaining 536 submitted permit applications are being reviewed. "Really the only difference is Kinder Morgan's convinced Canada to pay for the project".
All permits submitted must align with the 37 conditions outlined in the provincial environmental certificate, as well as the 157 conditions detailed in the National Energy Board's approval.
Canada will also offer federal loan guarantees to ensure construction continues through the 2018 season as part of the deal with the company.
The government is taking control of both the 715-mile pipeline and its expansion that is meant to increase capacity to 890,000 barrels a day. They are led by British Columbia, which is trying to stop the pipeline development in the courts on environmental grounds.
McMillan said if a pipeline that meets a high regulatory standard, has all the approvals, support from a majority of Canadians and the backing of the federal government can not get built, it sends a chilling signal that Canada is not open for business.
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Energy East would have been a job-creation bonanza, expected to create nearly 3,720 jobs during the construction phase and 97 permanent jobs once the pipeline was built.
Almost half of the respondents (49 per cent) said they would be less likely to vote for the Liberals in the next federal election, including 36 per cent who cast a ballot for them in 2015.
Back in April, Kinder Morgan announced it was halting all "non-essential" operations on its Trans Mountain expansion pipeline project pending an establishment of certainty that the project would continue despite entrenched opposition by the British Columbia government.
"Trudeau is gambling billions of Canadian taxpayer dollars on an oil project that will never be built", Mike Hudema, a climate and energy Campaigner at Greenpeace Canada, declared in a statement on Tuesday.
"It does not seem fair that we couldn't get the level of support".
"The good news though is that I now know the owner and have his phone number, and I can call him with my concerns", Horgan told CBC Radio. Pipeline opponents are also calling out Trudeau for abandoning federal commitments to take action on climate change and respect the rights of indigenous nations.
Calgary-based oil investor Brett Wilson spoke about the Trans Mountain decision Wednesday on Gormley. But again, little has changed - her hand still hovers over the faucet, just in case B.C. doesn't wake up and see the light: "It remains something that we would consider using should it become something that's necessary for us to maximize our resources".
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