• Revision ID 73028 REVISION
  • 2018-05-31 18:25:22
  • by Jack Barton (talk | contribs)
  • Note: Added controversies
 
   
Title Title
Canadian government purchases Trans Mountain pipeline for $4.5 billion Canadian government purchases Trans Mountain pipeline for $4.5 billion
Summary Summary
"Make no mistake, this is an investment in Canada's future," Finance Minister Bill Morneau told a news conference "Make no mistake, this is an investment in Canada's future," Finance Minister Bill Morneau told a news conference
Highlights Highlights
Content Content
<strong>Canada's government has <a href="http://www.cbc.ca/news/politics/liberals-trans-mountain-pipeline-kinder-morgan-1.4681911">announced plans</a> <em>(CBC)</em> to buy the Trans Mountain pipeline and related infrastructure from Kinder Morgan for $4.5 billion (US$3.5bn). </strong> <strong>Canada's government has <a href="http://www.cbc.ca/news/politics/liberals-trans-mountain-pipeline-kinder-morgan-1.4681911">announced plans</a> <em>(CBC)</em> to buy the Trans Mountain pipeline and related infrastructure from Kinder Morgan for $4.5 billion (US$3.5bn). </strong>
(Read more about the Trans Mountain pipeline in this <em>WikiTribune </em>story: "<a href="https://www.wikitribune.com/story/2018/02/24/wikiproject-2/canadian-provinces-clash-over-proposed-pipeline-expansion/51339/">Canada torn between First Nations and oil companies as pipeline dispute escalates</a><i>.</i>") (Read more about the Trans Mountain pipeline in this <em>WikiTribune </em>story: "<a href="https://www.wikitribune.com/story/2018/02/24/wikiproject-2/canadian-provinces-clash-over-proposed-pipeline-expansion/51339/">Canada torn between First Nations and oil companies as pipeline dispute escalates</a><i>.</i>")
<span style="font-weight: 400;">[contribute-c2a text="You can edit or expand this story" buttons="edit"]</span> <span style="font-weight: 400;">[contribute-c2a text="You can edit or expand this story" buttons="edit"]</span>
The <a href="https://en.wikipedia.org/wiki/Trans_Mountain_Pipeline">pipeline carries crude and refined</a> oil from Alberta to the west coast of British Columbia, Canada. It is wholly owned by the Canadian division of <a title="Kinder Morgan Energy Partners" href="https://en.wikipedia.org/wiki/Kinder_Morgan_Energy_Partners">Kinder Morgan Energy Partners </a>and has been in use since 1953. The <a href="https://en.wikipedia.org/wiki/Trans_Mountain_Pipeline">pipeline carries crude and refined</a> oil from Alberta to the west coast of British Columbia, Canada. It is wholly owned by the Canadian division of <a title="Kinder Morgan Energy Partners" href="https://en.wikipedia.org/wiki/Kinder_Morgan_Energy_Partners">Kinder Morgan Energy Partners </a>and has been in use since 1953.
Finance Minister Bill Morneau said the project was an investment in the country. "Make no mistake, this is an investment in Canada's future," he told a news conference. Finance Minister Bill Morneau said the project was an investment in the country. "Make no mistake, this is an investment in Canada's future," he told a news conference.
<span style="font-weight: 400;">[contribute-c2a text="Discuss or suggest changes to this story" buttons="talk"]</span> <span style="font-weight: 400;">[contribute-c2a text="Discuss or suggest changes to this story" buttons="talk"]</span>
<a href="https://www.wikitribune.com/story/2018/02/24/wikiproject-2/canadian-provinces-clash-over-proposed-pipeline-expansion/51339/">Critics have argued</a> that the pipeline expansion does not make economic sense, and contradicts the Canadian government's environmental commitments. The project is also the subject of legal action from First Nations communities. <a href="https://www.wikitribune.com/story/2018/02/24/wikiproject-2/canadian-provinces-clash-over-proposed-pipeline-expansion/51339/">Critics have argued</a> that the pipeline expansion does not make economic sense, and contradicts the Canadian government's environmental commitments. The project is also the subject of legal action from First Nations communities.
<a href="https://www.theguardian.com/commentisfree/2018/may/31/justin-trudeau-kinder-morgan-pipeline-china-did-he-fear-being-sued">Writing in the </a><em>Guardian, </em>investigative journalist Bruce Livesey suggests that if the expansion is not completed the Canadian government could be subject to legal action <span style="font-family: inherit; font-size: 1.6rem;">under Canada's trade deal with China. </span> <a href="https://www.theguardian.com/commentisfree/2018/may/31/justin-trudeau-kinder-morgan-pipeline-china-did-he-fear-being-sued">Writing in the </a><em>Guardian, </em>investigative journalist Bruce Livesey suggests that if the expansion is not completed the Canadian government could be subject to legal action <span style="font-family: inherit; font-size: 1.6rem;">under Canada's trade deal with China. </span>
Categories Categories
Canada Current Affairs, Oil, Politics, Canada
Article type Article type
emerging emerging
Tags Tags
Alberta, Bill Morneau, British Columbia, Canada, Kinder Morgan, pipeline, Trans Mountain Alberta, Bill Morneau, British Columbia, Canada, Kinder Morgan, pipeline, Trans Mountain
Author byline Author byline
Yes Yes
Has hero Has hero
Yes No
Hero Alignment Hero Alignment
full full
Hero Image URL Hero Image URL
None None
Featured Image URL Featured Image URL
  https://s3-eu-west-1.amazonaws.com/wikitribune-uploads-master/2018/02/1024px-Trans-Alaska_Pipeline_System_Luca_Galuzzi_2005.jpg
Sources Sources

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