Canada purchases Trans Mountain pipeline project for $4.5B

Kinder Morgan reported the spill at its Darfield station around 5 a.m

May pleads guilty to criminal contempt charge in Kinder Morgan protest

The Liberal Government announced it has agreed to purchase the Trans Mountain Pipeline system and the expansion project (TMEP) for $4.5 billion from Kinder Morgan.

"We are going to get that pipeline built", Trudeau said Tuesday morning as he headed into a meeting with his cabinet.

Federal Finance Minister Bill Morneau made the announcement from Ottawa and says the deal represents a sound investment.

The Trans Mountain Expansion Project involves building a new pipeline along the existing Trans Mountain Pipeline running from Edmonton, Alberta to Burnaby, British Columbia, and expanding the capacity of the terminal in Burnaby.

Epic Games is Being Sued by PUBG Developers For Copyright Infringement
Still, doing things like outright lifting audio files from an existing game to make your own remains highly illegal. PUBG a subsidiary of the Korean games company Bluehole Studio.

Kinder Morgan set the deadline in part due to frustrations with delays caused by the British Columbia government, which is concerned about possible oil spills.

"The Trudeau government's reckless choice to compel Trans Mountain endangers the lives and welfare of its citizens", said Ruth Breech at Rainforest Action Network.

Morneau says the federal government does not plan to be a long-term owner and is in negotiations with interested investors, including Indigenous communities, pension funds and the Alberta government.

The Alberta government will provide funding for any unexpected costs that arise during construction.

(Updated) Dr M says will talk to Singapore about dropping HSR
Inspector-General of Police Tan Sri Mohamad Fuzi Harun said the decision was based on a statement made by the Langkawi MP. Mahathir has stated that his government is looking into ways to reduce the amount of money it has to pay Singapore .

But the pipeline faces legal and regulatory challenges from BC that has delayed construction of the project.

Greenpeace Canada's Mike Hudema tweeted "Good-bye climate and Indigenous rights commitments Canada and hello Massive losses". They have also asked the court to reopen its evidentiary record, more than six months after hearings concluded, to consider new evidence uncovered by a National Observer investigation that revealed public servants were instructed to find a way to approve the project before the government had concluded consultations with First Nations.

Ottawa is pressing ahead, firmly of the opinion there is no doubt about its jurisdiction.

The pipeline would allow Canada to diversify and increase exports to Asia, where it could command a higher price.

All 2019 iPhones will reportedly have OLED displays
Even with two OLED models, Apple will need to raise the overall price tag and face the risks of selling fewer iPhones, he said. OLED displays have a number of advantages over LCD-as any iPhone X owner can attest.

Canada's oil sector has been stung in the past year as foreign energy companies retreated amid concerns about the environmental toll, high production costs and a risky regulatory regime.

Latest News