'Indemnifying' Kinder Morgan
If you have been following the subject of the Trans Mountain pipeline project this week, it has taken yet another confusing turn.
On Wednesday the Trudeau Liberal Government announced that it would use tax dollars to compensate Trans Mountain pipeline developer Kinder Morgan for financial losses which could result from B.C. NDP Premier John Horgan’s attempts to delay or obstruct the project.
As is often the case with an announcement from this Liberal Government, the potential cost of compensating Kinder Morgan is unknown.
Likewise the definition of costs related to these delays has also yet to be defined.
The project is expected to cost roughly $7.4 Billion and the Liberal Government has also hinted that possibly if not Kinder Morgan, another company could be brought in to complete the construction.
In response, Kinder Morgan has indicated that the May 31, 2018 deadline for “clarity on a path forward” remains a priority as a result of the required construction window.
Kinder Morgan also stated that they are not in “alignment” with the Liberal Government on this announcement and that discussions are ongoing.
The Prime Minister has continued to state his strong support for the Trans-Mountain pipeline and that his Government has made a commitment that the pipeline will get built as it is in Canada’s national interest.
From my perspective, the pipeline subject is a polarizing one with many citizens either strongly opposed or strongly in favour.
For the record I support the Prime Minister in approving this project.
I have heard little support for this private project being publicly subsidized by taxpayers, largely because of continued inaction from the Federal Liberal Government.
My question this week:
Whether or not you are in favour of this project, do support the Prime Minister’s idea that taxpayers should compensate Kinder Morgan for losses which may result from delays?
I can be reached at Dan.Albas@parl.gc.ca or call toll free 1-800-665-8711.
5/16/2018 08:08:26 pm
should not be are responsibility as tax payers not are fight.
5/17/2018 03:55:50 pm
I am very strongly opposed to the Kinder Morgan pipeline and am outraged at the idea of our government paying the texas oil company any money, never mind a blank cheque. That is so wrong!!!
5/17/2018 05:08:31 pm
I want the pipeline to go through, but do not support the taxpayers paying for it. The federal government needs to stand up and just say it will be done. Getting the taxpayers to pay for it is his way of not having to stand up for the majority of people who would like to see it done.
5/18/2018 12:59:38 pm
Indemnifying does not mean that taxpayers will be paying for the pipeline, but rather Taxpayer will or could reimburse the company for increases in costs driven by political protest. The formula identifying that must still be negotiated between the Gov't and Kinder Morgan. That is why it is difficult as to cost predictions etc. Typical Liberal attempt at the middle ground that gets the job done.
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Dan Albas is the Member of Parliament for the riding of Central Okanagan-Similkameen-Nicola.
Central Okanagan – Similkameen – Nicola