Published: Mon, April 16, 2018
Money | By Armando Alvarado

Canada's Trudeau pledges money, new law to ensure contentious pipeline is built

Canada's Trudeau pledges money, new law to ensure contentious pipeline is built

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.

Kenney said in recent days the federal government has said everything's on the table to ensure construction, yet we aren't getting closer to getting this critical project built.

Alberta Premier Rachel Notley, who also attended the talks in Ottawa, said she was convinced the expansion would be built if the financial assistance deal could be worked out.

For Horgan the meeting is about reiterating B.C.'s concerns about the impact of a spill of diluted bitumen from the pipeline.

OTTAWA-A high-profile meeting between Prime Minister Justin Trudeau and the premiers of Alberta and B.C. over the future of the contested Trans Mountain pipeline is underway on Parliament Hill.

Freeland described the conversation between Trudeau and Pena Nieto as "a good one", even as she expressed optimism about the state of NAFTA negotiations, which are continuing in Washington this weekend.

While Trudeau apparently laid out "legislative and financial measures" to push the project forward, Horgan argued when speaking to reporters that the prime minister did not elaborate.

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The big questions out of today's meeting seem to be not whether Horgan will back down - that prospect is most unlikely - but whether Ottawa and Alberta are ready to say how far they will go to reassure Kinder Morgan investors. He did note, however, that Trudeau made no threats and made it clear he had no intention of punishing B.C. residents.

Finance Minister Bill Morneau was in on the discussions along with Natural Resources Minister Jim Carr.

The company, unhappy about moves by the British Columbia government to impede the C$7.4 billion ($5.9 billion) project on environmental grounds, is threatening to walk away unless it receives sufficient clarity about the path ahead by May 31.

Trudeau said that during the meeting today with the two premiers, he said that the federal government will use its authority to resolve the impasse. 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". 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.

Kinder Morgan, meanwhile, has given Trudeau until the end of May to find a solution that would provide their investors a measure of confidence that the project would be allowed to proceed.

The sit-down, the first face-to-face between the two leaders since November, comes at a critical time, with Canada, Mexico and the USA all looking for a breakthrough in the ongoing effort to update the North American Free Trade Agreement - and Trump's wild-card trade strategies doing little to clear the air.

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