Trans Mountain Pipeline.

Happy New Year everyone. Here’s what we need to be paying attention to in 2019. There’s a few things but the only that matters is getting that Trans Mountain Pipeline built. Or at least started. This will be Justin Trudeau’s leadership being tested, which I said in a previous post was going to be an election issue. He will be judged, by the people. It is the only time that a pipeline has become an election issue. It will, because this liberal government paid $4.5 billion to Kinder Morgan back on May 29, 2018 for the work it had already built, but cannot continue because of the Supreme Court decision on the Pipeline. The government lack of consultation to the First Nations and their consent (Because the pipeline will be constructed in their territory), a lack of environmental concern in the Pacific Ocean and the marine life, specifically Killer Whales in case there is a leak, or the increase of tanker traffic off the coast of B.C. during construction.

Justin Trudeau has been saying over and over again in the House of Commons that This pipeline will be built. I can’t even begin to say how many times I’ve heard that line.

But he needs to deliver. NOW!

Or, he will face an electoral people who won’t be so forgiving. There must be construction on the ground, which means a Company that is willing to take over the money and financing around the project to continue building. Without any interference, which includes protesters on the B.C. Coast. Did you know the government was paying people to protest this very pipeline? Strange isn’t it. But that’s what happens when you have big governments. Some of it gets wasted.

“It must be built. It will be built.” Bill Morneau, Minister of Finance.

And he said it is of vital interest for the Country. To make a long story short, this pipeline is under fierce opposition from environmentalists, protesters, and two NDP Premiers in the two most westernmost provinces. This pipeline would increase exports to Asia and command a higher price. If it was built. But, Ninety Nine percent of our Heavy oil goes to the U.S. for refining which causes us to sell our oil at a reduced price. And Alberta and the Province are paying the price of this. It’s selling at about $25 a barrel which is not enough. Maybe Justin Trudeau should have used the money to cover the cost of refining the oil. That’s beneficial for Canadians.

I mentioned the government purchased the pipeline for a price, $4.5 billion, that means they will be finding someone to continue the construction. I hope that’s possible. The Aim is to continue the construction in August. But, we should remember that the government is assuming the risk, because it bought this pipeline. If it fails, and we all know that those like the Toronto Star Editorial Board will be endorsing these liberals come October, that’s win or lose, we’ll also be duped out of $4.5 billion that this government paid to purchase a pipeline that will still take a while to build. If at all. Do you trust him? Not so far as I can toss him.

The latest:

https://www.theguardian.com/world/2018/may/29/canada-kinder-morgan-pipeline-trans-mountain

Leave a comment