http://business.financialpost.com/
This is a national disgrace. The Liberals have effectively landlocked our vast oil reserves and condemned the country to a poorer, more divisive and less secure future
Kinder Morgan finally succumbed to lawsuits, delays, escalating costs, threats of civil disobedience and one-sided regulatory policy. It has announced it is suspending all non-essential activities on the Trans Mountain pipeline expansion project, Canada’s last chance to get our oil to tidewater.
Anti-resource-development activists here and in the United States will be triumphant. The rest of us should be disconsolate that Canada’s ability to export oil to offshore markets may be blocked for a very long time, perhaps forever.
The Alberta government’s offer of provincial funds for Kinder Morgan, fully backed by the opposition conservatives, might at least provide a last chance for life support.
Kinder Morgan is blaming the decision on the B.C. government’s ongoing attempts to frustrate the project. However, the debacle is ultimately the responsibility of the federal government. The Liberal government has mouthed support but its actions have been consistently harmful.
Through their ideological obsession, regulatory meddling, partisan pandering and absence of leadership, the Liberals have effectively landlocked our vast oil reserves and condemned the country to a poorer, more divisive and less secure future.
For the rest of this column: http://business.financialpost.com/opinion/joe-oliver-trans-mountain-becomes-another-project-sacrificed-to-trudeaus-false-green-gods