Government to Kinder Morgan: ‘Got their back’ – APTN News

by ahnationtalk on May 16, 2018137 Views

May 16, 2018

The Trudeau government is willing to financially underwrite Kinder Morgan’s Trans-Mountain Pipeline expansion to create jobs and overrule Indigenous opposition.

Finance Minister Bill Morneau announced the “extraordinary” move in Ottawa Wednesday morning.

“We see this project as being in the national interest,” Morneau told reporters.

He said Kinder Morgan, which set a May 31 deadline to decide whether to twin its existing pipeline in Alberta and B.C., faced “exceptional” opposition that called for this kind of political backup.

So his government was stepping up with taxpayer dollars, Morneau said, to help create 15,000 jobs. He called the investment “financially responsible.”

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