Five Things: the next steps for getting the Trans Mountain project done

Pipes are seen at the pipe yard at the Transmountain facility in Kamloops B.C. Monday

Kinder Morgan, the company behind the pipeline, suspended non-essential spending on the project in April.

"We need to deal with the political uncertainty", he said.

According to Hudema, the movement opposing the project " will not back down" following the government's purchase. If no new buyer is reached by July 22, Kinder Morgan will present the $4.5 billion offer from Canada to its shareholders for a vote before the end of July.

Kinder Morgan, which could no longer afford the $7.4-billion project, took advantage of a bitumen republic that foolishly proclaimed an unneeded pipeline a matter of "national interest" without so much as a risk analysis or simple cost benefit report.

Pending their approval, the sale would be finalized sometime in August or September. "He had an opportunity to walk away from pipeline politics and get on with the real work of leading Canada, and the world, in a 100 per cent renewable energy revolution, but instead he's opted to ignore science, Indigenous rights and the voices of people across Canada and bailed out a unsafe, unwanted pipeline with public money". "Canada will work with investors to transfer the project, and related assets, to a new owner or owners in a way that ensures that the project's construction and operation will proceed in a manner that protects the public interest", he said.

Once the sale to the feds is complete, Canada will continue the construction on its own, with a view to eventually selling the whole thing down the road, once market conditions would allow it to get the best price.

Morneau couldn't say what additional costs, if any, would be incurred by Canadians in building the pipeline. Existing statutes stipulate one level of government can not interfere with the work of another - a situation one official called a "conversation changer" that might convince Horgan to back down.

Morneau stressed repeatedly the pipeline is commercially viable and profitable. Steven J. Kean, the president of Kinder Morgan, called it a "great day for Canada, for our customers and for our employees". While details are murky, the province would cover up to $2 billion more in pipeline construction costs should they escalate beyond a unspecified federal comfort level.

Andrew Lincoln to Exit ‘The Walking Dead’ After Season 9
The death of Carl Grimes hit the fandom hard, and this bombshell will send shockwaves through the fandom again. Andrew Lincoln , who stars as Rick Grimes on AMC's The Walking Dead , may leave the show in Season 9.

"We have to ask ourselves what kind of priorities these Liberals actually have", Cullens said.

"They were asking for certainty and a pathway to get the get the project built", he said.

"The federal government have overpaid for an aging asset that has huge integrity problems".

Horgan said he learned of the decision early Tuesday morning when Prime Minister Justin Trudeau called him minutes before the announcement in Ottawa.

Until now, Trudeau's government has used a soft tone to try to convince British Columbia to abandon its opposition to the pipeline, hoping not to alienate voters in the province before next year's general election.

Alberta Premier Rachel Notley, who's been locked in an escalating battle with Horgan over his opposition and has passed a bill threatening to cut off oil and gas shipments to British Columbia, struck a triumphant tone at a press conference in Edmonton. "They are getting a very good value", said Paul Bloom at Bloom Investments Counsel Inc, which owns about 300,000 shares in Kinder Morgan. "That certainty is absolutely critical". On the heels of Trudeau's announcement, the Vancouver-based Indigenous rights group Coast Protectors scheduled a rally for Tuesday evening to "say no to Trudeau's pipeline buy out".

Conservative Leader Andrew Scheer said the decision leaves taxpayers on the hook for Trudeau's "failure" to manage the energy file.

When Canadian taxpayers appreciate the scale of the federal abuse of trust here as well as the government's blatant corporate welfare for a Texas pipeline company, there will be hell to pay from coast to coast.

Related News:

  • What is cockroach milk? Is it healthier than regular milk?

    Gourmet Grubb , a South African company, is selling what they call "Entomilk"- a milk made from sustainably farmed insects. The research was published in 2016, but, it seems people are now willing to try this milk alternative.
    Chelsea FC owner Roman Abramovich eligible to become Israeli

    Chelsea FC owner Roman Abramovich eligible to become Israeli

    It has been reported that Mr Abramovich would have to explain the source of his wealth to receive a new British visa. A spokesman for Abramovich also declined to comment on the report . "A businessman gets Israeli citizenship".
    How to turn on Messages in iCloud

    How to turn on Messages in iCloud

    Announced last June, Apple's Messages iCloud feature was delayed with the release of iOS 11 in the fall of 2017. Finally, there's a fix for distorted CarPlay audio, as well as audio over Bluetooth or USB in certain cars.
  • Roseanne Barr's TV show cancelled after Twitter race row

    Roseanne Barr's TV show cancelled after Twitter race row

    Barr, a vocal supporter of President Donald Trump wrote in a tweet, " Muslim brotherhood & planet of the apes had a baby=vj". Sara's message comes not long after ABC confirmed they had cancelled Roseanne in the wake of the tweets.

    All three 2018 iPhone models to feature OLED displays

    The inclusion of the an OLED screen on the iPhone X is likely one of the reasons for the device's massive price tag. Moving to all OLED screens next year would make it hard to keep iPhones affordable for mass market consumers.
    Slavisa Jokanovic: Ryan Sessegnon wants to stay at Fulham

    Slavisa Jokanovic: Ryan Sessegnon wants to stay at Fulham

    The question is whether that passing will be crisp and purposeful enough to cope with a higher standard of opposition. Tom Cairney , the twinkling Fulham captain, just about held back the tears in interviews pitch-side.
  • Malaysia PM Mahathir Mohamad to drop high-speed rail project with Singapore

    Malaysia PM Mahathir Mohamad to drop high-speed rail project with Singapore

    The newly-elected government is looking to reduce its commitment to major projects in a bid to trim Malaysia's national debt.

    Israeli jets & helicopters strike 25 ‘Hamas military targets’ in Gaza

    The meeting is expected to take place on Wednesday afternoon, according to a statement from the U.S. The Gaza border has become a deadly flashpoint in recent weeks.

    Liverpool sign midfielder Fabinho for £43.7m from Monaco

    We don't see many weaknesses in his game. "He has ability and mentality to play at the highest level in a number of positions ". They need a goalkeeper, a centre-half, a centre forward and certainly a midfielder - the midfielder's the first in the door.
  • Feds Say Your Internet Router May Be Infected With Russian Malware

    Feds Say Your Internet Router May Be Infected With Russian Malware

    The FBI said rebooting routers will disrupt the malware and help the bureau identify which networking devices were affected. Therefore, it is always important to check for new firmware updates and install them when they come out.
    Mamoudou Gassama: Mali 'Spiderman' to be made French citizen

    Mamoudou Gassama: Mali 'Spiderman' to be made French citizen

    Police said the incident unfurled when the boy's father left him alone so he could go grocery shopping and play Pokemon Go . Gassama scaled four floors of a building in northern Paris on Saturday to save a 4-year-old boy, Sky News reported.
    Oil prices fall as supply from top three producers set to rise

    Oil prices fall as supply from top three producers set to rise

    Energy Information Administration (EIA) said commercial crude inventories rose by 5.8 million barrels in the week to May 18. USA stock markets sank more than 1 percent, while the dollar gained about 0.7 percent.

Most liked

Man United Set To Sign Portugese Defender
Porto had hoped to hang on to Dalot for at least another season and had rebuffed interest from other clubs. Dalot has also played for Portugal at every youth level from under-15's right the way up to under-21's.

MLB Told Cubs, Pirates Anthony Rizzo's Slide at Home Was Interference
If baseball wasn't going to punish Rizzo and the Cubs, then the Pirates would exact some revenge, the thinking was. Of course, Cubs manager Joe Maddon felt differently and Rizzo felt like he did nothing wrong.

European Union proposes ban on straws, other single-use plastics
The EU is also planning a producer-funded, recycling scheme for plastics, similar to waste electronics or used tyres. The plan does not set a deadline for a total ban on single-use plastic items such as cotton buds, plates and straws.

ABC axes Roseanne following Roseanne Barr's racist tweet
I should have known better. "Forgive me - my joke was in bad taste", she tweeted, after writing she was quitting Twitter. It was particularly popular among many conservative viewers, because Barr's character expressed support for U.S.

Serena Williams, all black catsuit, make headlines at the French Open
Williams made her return to the Roland Garros courts in a skintight black catsuit, saying she does so for a couple reasons. Maybe this goes without saying, but it needs to be said in a powerful way: I absolutely want more Grand Slams".

Russian Federation knocks Mueller investigation as pointless
Mueller is a Republican appointed by Trump's own deputy attorney general, Rod Rosenstein , who is himself a Republican. It's a sign that that aspect of the Mueller investigation may be drawing to a close.

Game that allows players to carry out school shooting shocks Parkland survivors
Acid said in a blog post Thursday that its game does not promote violence and that it might remove the shooter's role in the game. But it asks users not to take it seriously, and to call a psychiatrist or 911 if they feel like hurting someone.

Ellicott City Floods: Army National Guardsman, Eddison Hermond, Missing Amid Maryland Floods
Rescuers are searching for Eddison Alexander Hermond, 39, of Severn, who reported missing to Howard County police about 12:30 a.m. But he emphasized that the old mill town has been through it all before and he's resolved to do his part to spur another revival.

Stanley Cup fever: Vegas ditches capital letters on Twitter
Per NBC, Monday night's game was up 7 percent from Predators/Penguins past year and up 36 percent from Sharks/Penguins in 2016. Will that streak end with the Capitals and Golden Knights this year? All as Elvis impersonators watched from the front row.

White House puts $50 billion worth of tariffs on China
Embassy after U.S. officials had trade talks with Chinese counterparts, in Beijing, China, May 4, 2018. Beijing has previously pledged to retaliate against the 25 percent tariffs.

Football star explains gun tattoo after it's called 'absolute disgrace'
The row broke out when the footballers posted a photograph of himself training ahead of the World Cup tournament. Worse, the wretch looked, according to the Daily Mail, "relaxed".

Kyrie Irving Skipped Game 7 While Recovering From Nasal Surgery
And Smart said he wants to stay. "They're already planning for me to be here [next season]", the guard said Monday, per A. The C's are "much much better" with both injured stars in uniform. "It's something we're all looking forward to.

Gunman Disarmed Police in Belgium Shooting that Left 3 Dead
The public prosecutor's office confirmed that the man who fatally wounded the two male police officers was "neutralised". Police sources quoted in local media said the man was heard shouting "Allahu Akbar" ("God is greatest" in Arabic).

Congrats, Mum: Serena Williams wins in Grand Slam return at French Open
After beating Serena Williams in the 2016 final, Muguruza's title defense was ended in the fourth round past year . In the second set, the Chinese won just 10 points, and six came thanks to her opponent's unforced errors.

Trans Mountain pipeline will have 'Crown immunity': Notley
His Liberals face a hard balancing act in trying to champion climate action while supporting growth in Canada's oil sector. Despite the federal government's decision, he said, " I believe it is appropriate for us to continue down that road".