It's bad enough that the Trudeau government overpaid for Kinder Morgan's Trans Mountain pipeline just when the boys from Texas were about to throw in the towel. It's bad enough that it will take decades of transmitting climate killing, high-carbon bitumen to world markets to cover the cost of that new and improved pipeline. Now the Liberals want to promote their pipeline with a two billion dollar promotional subsidy to the Bitumen Barons.
Trans Mountain is on track to deliver Canadian oil producers a $2-billion taxpayer-funded toll subsidy for capacity on its existing pipeline and has asked the federal pipeline regulator, the National Energy Board (NEB) for permission.
If the NEB approves the toll application Trans Mountain has filed with it, it will shift the burden for the roughly $3 billion Ottawa paid to buy the regulated assets onto Canadians, rather than into tolls charged to shippers where the recovery of these costs belongs.You tell me. Is JT working for the fossil fuel industry or the Canadian people?