KXIP vs KKR Live Score

Joe Ceci says more oil revenue and higher than expected returns on income tax are the reason this year's projected deficit has dropped to $7.8 billion. "It's a central feature of this project".

"Whether (the federal government) appeals to the Supreme Court or whether they simply do the modifications recommended by the Federal Court of Appeal, both of those take time", said Bratt.

Eugene Kung, a lawyer who has worked for project opponent the Tsleil-Waututh Nation, warned that if Ottawa tries to rush consultation, the project could just wind up back before the court.

For example, the Coldwater Indian Band in British Columbia's southern Interior raised concerns about the pipeline route passing through an aquifer that is the sole supply of drinking water for the First Nation's main reserve, but the government did not reroute the pipeline or provide a new water source.

Alberta Premier Rachel Notley talks to us about what she wants to see from Ottawa before she considers rejoining their federal climate plan.

"Kinder Morgan Canada Limited today announced that the Trans Mountain Pipeline system and the Trans Mountain Expansion Project (TMEP) have been indirectly acquired by the Government of Canada", the company said in a press release (pdf) on Friday.

"It really depends on what the Trudeau government does".

"We are facing a very serious situation", Notley said, noting she spoke with Prime Minister Justin Trudeau on the phone and laid out her demands.

Canada's NEB said in statement that the Court's ruling nullifies its certification of the Trans Mountain expansion, saying 'the NEB appreciates having the Court's direction and will take the time required to fully read and review the Court's decision.' Trans Mountain expansion officials also issued a statement, which said the project is taking measures to suspend construction in a safe and orderly manner and that it is reviewing the Court decision with Canada's government and assessing next steps. He suggested he will follow the Appeal Court's guidance on how to proceed.

The prime minister says the government will move forward to get the project built "in the right way" by acknowledging the court's criticism of the flawed environmental review process and the failure to meaningfully consult with Indigenous Peoples.

Earlier Thursday, the Federal Court of Appeal overturned Ottawa's approval of the pipeline, which would have doubled the line from Edmonton to the B.C. coast and tripled the amount of oil shipped to fetch a better price on overseas markets.

"The court laid out a series of concerns, but also laid out a path that may allow us to remedy or to fix the particular failings that the court identified, so that's the work we're doing", LeBlanc said. The Trans Mountain expansion would cause tanker traffic to balloon from about 60 to more than 400 vessels annually as the pipeline flow increases from 300,000 to 890,000 barrels per day.

Kinder Morgan Canada Ltd. first announced the proposal in 2012 and shareholders voted Thursday to sell the pipeline to Canada for $4.5 billion.


COMMENTS