May 30, 2018
Yesterday, the Liberal Government announced that they will use taxpayer dollars to buy the Trans Mountain pipeline from Kinder Morgan for $4.5 billion. The government will also take over the expansion and core assets. However, Prime Minister Justin Trudeau has refused to reveal the final cost to taxpayers.
“Kinder Morgan has never asked for one dollar of taxpayer money. All the company wanted was certainty,” said Ted Falk, Member of Parliament for Provencher. “But because of Justin Trudeau’s lack of leadership on this issue, Canadian taxpayers will now be forced to pay the bill.”
Canadians have been waiting for over a year and a half to see a concrete plan to make sure that the Trans Mountain pipeline extension is built. Instead, Justin Trudeau has offered one delay after another, and he has failed to champion this project in British Columbia.
Prime Minister Trudeau previously vetoed the approved Northern Gateway pipeline and killed the Energy East pipeline with last minute rule changes and a regulatory standard that doesn’t apply to any other sector of the Canadian economy. His decisions to impose an oil tanker ban, a job-killing carbon tax and new regulations that penalize Canadian oil exports have damaged investor confidence and forced companies to reconsider future projects.
Canada’s Conservatives understand that by setting the conditions for success, low taxes and less redundant regulations, projects like Trans Mountain can be built without a burden to the taxpayer. Under the previous Conservative government, four pipelines were built without any taxpayer funding.
“We will continue to stand up for Canada’s resource sector, and most importantly, the men and women whose livelihoods depend on it,” added MP Falk. “They can count on Canada’s Conservatives to give them a voice against a Prime Minister determined to phase out their jobs.”
May 30, 2018