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Article

8 Apr 2018

Author:
Mike De Souza & Carl Meyer, National Observer

After relentless protests, Kinder Morgan slams brakes on spending for Trans Mountain pipeline expansion

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The Texas multinational energy company announced on Sunday that it was suspending all non-essential spending on its Trans Mountain expansion project, threatening to cancel it if it fails to reach an agreement with B.C. and other stakeholders over how to proceed. The company says it has already spent $1.1 billion, since 2013, to advance the project that would triple the capacity of its existing Trans Mountain pipeline... But it said it doesn't want to spend any more without knowing if the project... can be completed... The remarks came one day after a protest by Indigenous leaders and environmental activists drove the company to suspend activities for the day. Close to 200 people have been arrested at the site of a Kinder Morgan terminal in the metro Vancouver suburb of Burnaby, B.C., in an attempt to stop construction activity from proceeding. The statement noted that the company had support from the federal government and the provinces of Alberta and Saskatchewan, but that it was facing "active opposition" from the government of British Columbia.

... [Federal] Natural Resources Minister Jim Carr... stated, There’s only one Government of Canada, and the Canadian government reminds Canadians again that this pipeline was approved in Canada’s interests, because of the jobs that it creates, because of the better price we’ll get for our resources, because of the expansion of our export markets. Ninety-nine per cent of our exports in oil and gas go to one country, the United States. This pipeline will open up the Asian market.”

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