Trudeau: TMX approval process ‘needs to be done right’

Speaking to reporters in Winnipeg on Tuesday, Canadian Prime Minister Justin Trudeau said that his government is moving slowly and carefully on the approval process for the Trans Mountain Pipeline, purchased by the federal government in 2018 for a cost…

B.C. government, environmentalists ‘disappointed’ over Trans Mountain court decision

The B.C. government, First Nations and environmental lawyers are using one word to describe the Supreme Court of Canada’s rejection of the latest court challenge against the Trans Mountain pipeline expansion: “disappointed.” The country’s highest court on Thursday shut down…

Federal Liberals won’t explain $500M figure for Trans Mountain revenues

The federal government says the Trans Mountain pipeline expansion will bring another $500 million a year in corporate tax revenue to be spent on fighting climate change, but the Liberals won’t say where they got that number. The figure was…

‘Noise’ makes Trans Mountain pipeline bid unlikely: Pembina CEO

The CEO of Pembina Pipeline Corp. says the Trans Mountain pipeline system would fit neatly into his company’s business model but he wouldn’t want the “noise” associated with its controversial expansion project. On a conference call to discuss his company’s…

Canada set to approve Trans Mountain pipeline expansion, Trudeau unlikely to benefit

Canada looks set to approve a hotly-debated plan to expand the Trans Mountain pipeline this week, people familiar with the process told Reuters, but the move is unlikely to help Prime Minister Justin Trudeau rebuild flagging support ahead of an…

There’s a ‘seller’s market’ for Kinder Morgan’s remaining Canadian assets: CEO

There’s a “seller’s market” for attractive assets like those held by its Canadian subsidiary, the CEO of Kinder Morgan Inc. said on a conference call Wednesday to discuss third-quarter results. The company is working on a strategic plan that could…