Liberal government to buy Trans Mountain pipeline for $4.5B

[mentalfloss]

Yes we already knew you were a leftard.

Dipper to the core.

 

[captain morgan]

 

[petros]

Sorry for your loss.

Maybe it's a good time to invest in Canadian steel?

 

[mentalfloss]

I'm fine with the pipeline.

I'm just not a gubmint licker like you guys who just want to mooch off the taxpayer.

 

[Jinentonix]

Soooo getting our oil to China is in the "national interest" but getting our oil to the eastern half of our own f*cking country isn't?
Notice how Morneau said it's "in the national interest" and not "in OUR national interest"? Makes me wonder just whose national interests the Trudumpster party is working for.

 

[Hoid]

they are all addicted to the profiteering.

 

[Twin_Moose]

I'm not a fan of this move they should have just grew a pair and told B.C. dippers to phuck off and deal with it.

 

[petros]

They can't stop a Crown Corporation besides BC is technically an owner too.

they are all addicted to the profiteering.

And you're just addicted?

 

[Jinentonix]

It makes no difference who owns the pipeline plan that is 600 BC permits short of approval.

As I said from the beginning, blood will be spilled if they force it.

Ah yes, nothing like the bleat of self-righteous granola-munchers as they deny some of "those uppity-f*ck injuns" an opportunity to profit from Canada's resources. That about sum it up?

Anyways, it looks like the Wynned Bag has been watching too many "flipping" shows.

 

[Twin_Moose]

They can't stop a Crown Corporation besides BC is technically an owner too.



And you're just addicted?

True, but it is still the pussy way out and sets president

 

[petros]

It's a cash cow. It's crazy to not build more as a Crown.

Build the KXL while at it then sell it to TransCanada.

 

[Hoid]

this is exactly what kinder wanted all along.

they were just fattening up the turkey

 

[pgs]

So you are now all in forpipelines

 

[mentalfloss]

It's a cash cow. It's crazy to not build more as a Crown.

Build the KXL while at it then sell it to TransCanada.

Oh, just like Kathleen Wynne and Hydro One.

 

[Hoid]

lol not a single buyer stepped up so the Feds buy this 65 year old pipeline.

now what?

spend another $10 billion to try to expand it?

Canada: corporate welfare capital of the world.

 

[Mowich]

lol not a single buyer stepped up so the Feds buy this 65 year old pipeline.

now what?

spend another $10 billion to try to expand it?

Canada: corporate welfare capital of the world.

Congratulations Hoidy............you now own part of a pipeline. Looks good on you.

 

[petros]

What are the costs of WTO fines and legal fees for failing to deliver prepaid resources?

 

[Curious Cdn]

Well, I suppose that nationalization is one solution.

Is there a town named Boodoggle anywhere along the Alberta-British Columbia frontier?

 

[petros]

Congratulations Hoidy............you now own part of a pipeline. Looks good on you.

$124 worth. The price of a quality shirt that he couldn't get away with wearing even at his own funeral.

 

[Retired_Can_Soldier]

Huge move.

If this were the Harper government, there wouldn't even be a pipeline.


Liberal government to buy Trans Mountain pipeline for $4.5B

The Liberal government will buy the Trans Mountain pipeline and infrastructure related to the expansion project for $4.5 billion.

Finance Minister Bill Morneau is announcing details of the agreement reached with Kinder Morgan at a news conference with Natural Resources Minister Jim Carr at the National Press Theatre in Ottawa, and CBCNews.ca is carrying it live now.

"Make no mistake, this is an investment in Canada's future," Morneau said.

He said the government does not intend to be a long-term owner, and at the appropriate time, the government will work with investors to transfer the project and related assets to a new owner or owners. Investors such as Indigenous groups and pension funds have already expressed interest, he said.

Until then, it will proceed under the ownership of a Crown corporation. The agreement is expected to close in August.

Morneau said the project is in the national interest, and proceeding will preserve jobs, reassure investors and get resources to world markets.

Carr said the plan does not sacrifice the environment for the economic benefits.

"Canadians want both and we can have both," he said.

Liberal government to buy Trans Mountain pipeline for $4.5B | CBC News

Given how disengaged the Prime Minister has been. [See India Trip] he really had no other choice.