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30 May 2018

Page 1

Medicine Hat News in Medicine Hat, Alberta

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Newspaper

Medicine Hat News

Location

Medicine Hat, Alberta, Canada

Date

May 30, 2018

Page

1

Canada to buy Trans Mountain pipeline in 4.5B plan

Finance Minister Bill Morneau announced a 4.5 billion plan to purchase the Trans Mountain pipeline and assets to ensure expansion can proceed. The move aims to secure capacity for tripling exports and eventually find a private buyer, amid British Columbia legal challenges and Kinder Morgan’s hesitation.

MENTIONED IN THIS ARTICLE

Ottawa Liberal Canada Bill Morneau Trans Mountain Morneau
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Mixed reaction to Trans Mountain deal gains and concerns

Alberta leaders and business groups back Ottawa's plan to buy Kinder Morgan assets and push the expansion. Critics warn of precedent effects on business confidence and taxpayer costs. Notley envisions a profitable project despite opposition from Indigenous and environmental groups. financing up to 2 billion dollars offered if overruns arise.

MENTIONED IN THIS ARTICLE

Alberta Ottawa Alberta Chambers of Commerce Canadian Association of Petroleum Producers B.C Victoria Edmonton Notley
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Also Mentioned on This Page

Pipeline John Horgan Kinder Morgan Canada Sean Kilpatrick Natural Resources James Carr National Press Theatre Darryl Dyck Kinder Morgan Vancouver Jonathan Hayward Burnaby Glen Motz Medicine Hat-Cardston- Warner Canadian Taxpayers Federation Greenpeace Medicine Hat Mike Hudema Liberals Rachel Notley Drew Barnes Medicine Hat News D. Luyten Business City Opinion Sports
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