Prime Minister Justin Trudeau announced approvals for two major export pipelines Tuesday, while dismissing a third pipeline and imposing a ban on oil tanker traffic on the northern section of B.C.’s coast.
“Canada is a country rich in energy of all kinds,” Trudeau said in approving two export pipelines and rejecting a third. “There isn’t a country in the world that would find billions of barrels of oil and leave it in the ground while there’s still a market for it.” The federal Liberal government approved Kinder Morgan Canada’s plan to expand its Trans Mountain pipeline system and Enbridge Inc.’s plan to replace its Line 3 pipeline system Tuesday.
At the same time, Trudeau announced the government would not approve another Enbridge project, the Northern Gateway project, and that Ottawa would impose a tanker ban on oil tanker traffic on the northern section of B.C.’s West Coast.
Morgan, Geoffrey – Financial Post – December 1, 2016.
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