Source: The Canadian Press, July 9, 2018
CALGARY –– Alberta Premier Rachel Notley says the province is likely to end up owning a piece of the Trans Mountain pipeline.
Ottawa agreed to buy the Alberta-to-British-Columbia crude conduit this spring for $4.5 billion from U.S. company Kinder Morgan.
Kinder Morgan had threatened to walk away from a planned $7.4-billion expansion to the line because of resistance from the B.C. government.
Notley announced in May that her government would make up to $2 billion available, if necessary, to keep the project going.
Image Source: THE CANADIAN PRESS/Jeff McIntosh
