Prime Minister promises to make Trans Mountain Pipeline happen

Prime Minister promises to make Trans Mountain Pipeline happen

"We are going to get the pipeline built". "We will not have the discussions in public, but this project will go ahead".

Kinder Morgan Canada said it would not comment on Trudeau's remarks "until we've reached a sufficiently definitive agreement on or before May 31 that satisfies our objectives".

But Morneau and Carr have made clear that they are considering regulatory, financial and legal options to get the project back on the rails.

After many months of feuding over the controversial Trans Mountain Pipeline project, the Prime Minister has met with the premiers of Alberta and British Columbia to discuss the next steps. He interrupted a trip to Peru, France and Britain on Sunday to return to Ottawa to mediate the spat. With the Alberta oil stranded in that province due to the political obstructionist approach to prosperity being displayed by B.C. Premier John Horgan, and the continual nonsensical disturbances being seen nearly daily by the deniers of progress, the future not only of Canada but of B.C.is in jeopardy.

Finally, he says he's willing to expand and improve upon his government's $1.5 billion oceans protection plan in an effort to ensure the most stringent protections are available to reassure British Columbia its coasts are not at risk.

"We are responding to this situation". But he said, "Canadians and people around the world know that we can not choose between what is good for the environment and good for the economy". In January, the province considered halting any shipments of bitumen from Alberta until it could study the effects of heavy oil spills in vital waterways.

A second federal government source said the prime minister and senior cabinet members had worked behind the scenes for weeks, pressing British Columbia to change its position.

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The legislation is expected to reassert, in addition to the Constitution, Ottawa's authority over pipelines.

Notley seemed quite happy with the outcome of the meeting and said she is confident the nature of the financial discussions taking place with Kinder Morgan will be enough to overcome investor concerns. Ottawa could buttress that support by enacting emergency legislation that would force the project to move ahead.

The opposition has claimed that new policies introduced by the Trudeau Liberals, including a carbon tax and hefty new legislation aimed at altering environmental assessments for major projects, has already caused foreign capital to flee Canada. But Horgan emerged re-asserting his government's opposition to the pipeline.

"We are feeling a lot better about it", said Notley. It's also sparked a dispute between the provinces of Alberta, which has the world's third-largest oil reserves, and British Columbia.

A failure to build pipelines over the last decade has had material economic impacts on the broader economy, analysts suggest.

The lack of pipeline capacity means Canadian crude trades at a discount to the USA oil benchmark. Analysts at Scotiabank estimated in a recent report that discounts for Canadian crude would cost Canada $15.6 billion in 2018 in forgone revenues.

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