Trans Mountain pipeline back in action after oil spill north of Kamloops

Trans Mountain pipeline back in action after oil spill north of Kamloops

"They're still reserving the right to play legal rope-a-dope until the cows come home", she said.

Court documents filed with Alberta's Court of Queen's Bench say B.C.'s Attorney General was bringing the action against Alberta's Attorney General on the "unconstitutionality of the Preserving Canada's Economic Prosperity Act".

"We think the stock itself is pricing in a less than 25-percent chance of the project going ahead", said Matthew Murphy, an analyst with investment bank Tudor, Pickering, Holt and Co.

The current state of the TransMountain pipeline battle between B.C., Alberta and the federal government is a slapstick comedy. unless your livelihood is directly or indirectly dependent upon the oil sector and the movement of oil through pipelines to refineries and/or shipping ports. "Second, it provides certainty that Kinder Morgan is requesting in order to allow them to continue their work in constructing the Trans Mountain Pipeline", Black said during the senate's third reading of the bill, calling it "extraordinarily straightforward".

It's imperative that Kinder Morgan is able to "finish what it started" and build the Trans Mountain expansion pipeline project, the president and CEO of the Canadian Chamber of Commerce told BNN Bloomberg in an interview Wednesday.

She and other Alberta ministers made similar statements when Bill 12 was introduced, debated and passed, leaving no doubt that "its goal was to authorize the government of Alberta to reduce supplies of crude oil, natural gas and refined fuels to cause economic harm to British Columbians in order to punish and put pressure on B.C". But by the same token, one could apply a similar test to the B.C. government's reference case move to regulate increased shipments of bitumen to this province. It also joined two other lawsuits launched by Indigenous groups opposed to the $7.4-billion pipeline project.


"It's very interesting, on one hand they don't want our oil and on the other hand they're suing us to give them our oil", Alberta premier Rachel Notley said Tuesday.

Notley said Thursday that Alberta is confident it has the authority to control the export of its own resources and she believes the new law will withstand a legal challenge, adding her province must safeguard its interests.

The company wants assurances it can proceed without delays by May 31.

At a closing news conference, Saskatchewan Premier Scott Moe agreed that free-trade issues were his priority at the Western Premiers' Conference. Federal Finance Minister Bill Morneau has offered an indemnity to backstop the pipeline project.

Kinder Morgan set the deadline in part due to frustrations with delays caused by British Columbia government, which is concerned about possible oil spills. "In addition to economic harm, a sudden disruption in supply could injure human health and safety in remote communities".

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