Canada PM approves controversial pipeline to Pacific Coast

More crude oil tanker traffic may traverse the Salish Sea off Whatcom County’s coast, as Canadian Prime Minister Justin Trudeau announced approval for the Kinder Morgan Trans Mountain pipeline expansion project Tuesday.

The pair that were approved will add new capacity to move almost one million barrels of oil to U.S. and overseas markets. The Conference Board of Canada found the project is expected to generate $46.7 billion in government revenues and 802,000 person years of employment, the equivalent of 40,000 jobs each year, over more than 20 years.

The approval of the Trans Mountain expansion, in particular, was a courageous step.

That’s assuming the projects are actually constructed in a timely manner: Ottawa’s next job is to stand behind its decisions while opponents continue to disrupt the projects at construction sites, in the courts and at other political levels. The company shows Gross Margin and Operating Margin of 57.4 percent and 15.3 percent respectively. “I lose sleep about whether or not this is going to turn into being something ugly”.

Handmade anti-pipeline signs are seen on the side of a road in the First Nations village of Old Massett, British Columbia, Canada, on Thursday, Aug. 25, 2016.

“This is true not only for the Site-C Dam but for all projects including the recent LNG Project (Pacific Northwest LNG) in British Columbia, the Muskrat Falls (hydroelectric) Dam in Newfoundland and Labrador, and the larger number of potential pipelines across Canada such as Kinder Morgan”, said the Angus letter.

Justin Trudeau publicly opposed Northern Gateway while he was campaigning, and has said he supports a tanker ban for B.C.’s North Coast. “It’s impossible to reconcile her election promises to constituents past year with what will unfold if Trudeau forces through an approval of Kinder Morgan”.

That includes 157 binding conditions set out by the National Energy Board, he added, noting that the project would not have been approved without the government of Alberta’s own carbon-pricing efforts and cap on oilsands emissions.

Hancock says many people don’t realize how badly the slump in oil prices and stagnation in Alberta are affecting many working class Canadians. I think there’s a lot of political risk in approving a pipeline through British Columbia, direct electoral risk playing into the next federal election.

It looks like Tuesday could be a big day for Canada’s pipeline companies.

But further west, the sentiment turns against the pipeline.

The premier’s office later said Clark invited Trudeau to come to B.C.to make the case for the decision.

The government, under pressure from both green groups and the energy industry, said allowing Kinder Morgan to build a second pipeline next to its existing Trans Mountain line will help ensure oil exports reach Asia and reduce reliance on the US market. As the vegetation turns from semi-arid scrublands to temperate rainforest and the route enters the fertile farming region, opposition intensifies.

“Right now the system seems able to balance but the volumes we expect will overtake the pipeline system in the next several years”, forcing increased volumes of crude onto rail cars, said Birn. Canadians living there still remember the 1989 Exxon Valdez oil spill off an Alaska export hub.

On Tuesday, Tsleil-Waututh spokeswoman Charlene Aleck accused Trudeau of breaking his promise of a “renewed, nation-to-nation relationship with indigenous peoples”. “We will do anything to protect it and we will not let the pipeline go through”. The Truth and Reconciliation Commission called on the government to publish all legal advice about decisions and policies that could impact Aboriginal treaty rights. “And they forgot to say that they’re just kidding”, he said. This month in Vancouver environmental groups gave free training on mass protests, blockades, and de-escalating confrontations with police. Cullinan Associates Inc. purchased a new stake in Kinder Morgan during the second quarter valued at approximately $212,000.