Morneau’s pledge to backstop pipeline expansion draws criticism
OTTAWA — The federal government is prepared to backstop investors to get the Trans Mountain pipeline expansion built, even if Kinder Morgan, the project’s original sponsor, wants to back out, Finance Minister Bill Morneau said Tuesday.
His comments sparked reaction from across the political spectrum. A selection of quotes:
“Nothing the finance minister said today will ensure that the Trans Mountain expansion actually gets built. The Liberals still don’t have a concrete plan of action to remove delays. Their own policies continue to drive energy investment out of Canada at historic levels.” Shannon Stubbs, Conservative MP and natural resources critic.
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