Finance Minister Bill Morneau has reached an agreement in principle with Kinder Morgan that a senior federal official says will allow the controversial Trans Mountain pipeline expansion project to go ahead this summer.
Lawyers and officials from both parties were still hammering out the final language and paperwork late Monday night in advance of a Tuesday morning announcement by the finance minister.
“What Morneau has negotiated will enable us to now go and get the pipeline built,” said a senior government official with direct knowledge of the negotiations. “It’s the beginning of getting it built.”
Details of the announcement were being held close on Monday because Kinder Morgan is a publicly traded company and the pipeline discussions are subject to a non-disclosure agreement.
David Cochrane – CBC News – May 28, 2018.