Justin Trudeau – Beware pipeline projects bought to you by Kenney or Trudeau
Keystone XL cancellation a ‘gut punch,’ says Kenney, Jan. 22
Former Husky Oil CEO Art price said, in a recent interview, that Keystone XL was a project the market cancelled until Jason Kenney and the Alberta government stepped in with $1.5 billion in outright grants and $6 billion in loan guarantees in a spectacularly unwise, and now failed, attempt to bail it out.
Sounds a lot like the Trans Mountain expansion was a project the market cancelled until Justin Trudeau and the federal government stepped in with an unwise attempt to bail it out by buying the existing pipeline, doesn’t it?
Justin Trudeau has, in the process, also garnered liabilities related to public safety and security as a result of the hazardous expansion of the Burnaby Mountain tank farm and increased tanker traffic that crosses ferry lanes in the crowded, already ecologically stressed, Salish Sea, on whose shores live eight million people.
A word to the wise: Beware of pipeline projects bought by the likes of Justin Trudeau and Jason Kenney!