Economy

Alberta to debate legislation that could drive up BC gas prices

Alberta to debate legislation that could drive up BC gas prices

Therefore, it is possible to meet Alberta's need to get its oil to world markets and protect B.C.'s coast by using the alternative pipeline projects.

The prime minister has insisted the pipeline will be built; Alberta premier Notley is four-square behind TMX. "It will be built".

On April 8, the company announced it planned to stop all but essential work on the project, and gave the Canadian government until May 31 to give it the "clarity" it needs, or it would cancel the project. Horgan, however, betrayed no evidence that their confidence had anything to do with him. The expansion of the pipeline, which extends from Alberta to the B.C. coast, is desperately needed by oil-rich Alberta, which wants to export more of the crude it produces.

In response to the Kinder Morgan ultimatum, B.C. Premier John Horgan indicated that the interests of British Columbians, and Canadians, had to come before the interests of Texas boardrooms.

"The Prime Minister is saying they are in negotiations with Kinder Morgan to ensure an end to uncertainty".

"We continue to regard the calculus as fraught, and believe the failure to resolve legal challenges make the actual construction of (the Trans Mountain expansion) hard - even with federal government intervention", Credit Suisse analysts said in a research note on Monday.

As such, Trudeau said he has instructed Finance Minister Bill Morneau to sit down with Kinder Morgan to find a financial solution that will soothe their investors. "We do not intend to issue updates or further disclosures on the status of consultations until we've reached a sufficiently definitive agreement on or before May 31".

Rather than an attempt to mediate between leaders of the two provinces, the meeting was about squeezing the B.C. premier.

Horgan's election past year changed that.

Trudeau is making the remarks alongside Emmanuel Macron following a meeting in Paris with the French president, who has made the African country a priority for his government.

"I'm not counting on Alberta taking extreme or unlawful actions, but if they do, we're prepared to defend British Columbia's interests with every legal means available", Environment Minister George Heyman said Monday.

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"We have a right to culture, a right to our way of life".

The federal government can and will do more on the pipeline's potential environmental impact, he added.

"These discussions were not limited to, but included, measures related to the Oceans Protection Plan".

To say they've gone rogue on this is to put it mildly.

Horgan blamed the lack of specifics on the dispute itself. "You've got the federal Crown, you've got the provincial Crowns, you're missing out the rights and title holders and that's the most important element".

Improved research into the behaviour and cleanup of spilled diluted bitumen. Dilbit spilled into Michigan's Kalamazoo River from an Enbridge pipeline in 2010 cost billions to clean up, with parts of the river closed for years afterwards.

And with France having the G7 presidency in 2019, senior Canadian officials said, the hope is that the exclusive group of nations will continue working toward the goals laid out by the Paris Agreement, with the worldwide community following their lead.

"France and Canada today pledge to redouble their efforts and increase their co-operation", Trudeau said in French during a news conference with Macron following the ceremony.

Even if the courts rule against him, Horgan can say the B.C. government did everything it could, but the courts have determined the province doesn't have the authority. At the federal level, Trudeau's Liberals hold 18 of 42 districts in B.C., followed by 14 for the NDP. He noted Trudeau's father would not have stood for what the Horgan government is doing - despite his reputation as an oilsands opponent.

"If they do that, we'll examine exactly what legislation they bring in and if we believe it's flawed ... we'll certainly take them to court".