Wednesday, February 19, 2020
Trudeau's Folly - Opposition Wants It Scrapped.
Canada has a pipeline problem. The problem is we own one. It's Kinder Morgan's old Trans-Mountain pipeline that we bought from those Texas bandits at way over market value. The new owner, that would be Canada, is poised to greatly expand the pipeline from Alberta to the BC coast.
When Bill Morneau cut the overly generous cheque to Kinder Morgan we were given the government's numbers on total project costs. The latest estimates have swollen by some 70 per cent. You can think of it now as "Trudeau's Folly."
An Angus Reid poll found that Canadians are losing their appetite for Trudeau's Folly. A Nanos poll confirmed it.
Citing these polls, Bloc Québécois leader Yves-Francois Blanchet, NDP environment critic Laurel Collins, as well as the Greens' parliamentary leader Elizabeth May, today called on the federal government to scrap the Trans Mountain expansion.
Of course, scrapping the TMX expansion would probably sound the death knell for the Teck Frontier mine that is slated to put an extra 260,000 barrels a day of bitumen into the system.