Notwithstanding clause, dig on.*cross-posted to Justin Trudeau's Canada thread*
Just in time for Kinder-Morgan shareholders to approve swindling Canada out of 4.5B dollars.......... The Federal Court of Appeals has quashed the approval of Trans Mountain, delaying it indefinitely.
I am beyond exasperated by the nationalization of a loss, where profit would have been private.
The precedent this sets, unless overturned by the SCC will likely stifle any new pipelines for the foreseeable future, certainly any that would involve a shipping component.
I stated how this all could have been avoided while pleasing the folks in AB....sigh.
Ottawa’s position is that the pipeline is of strategic importance to the nation. Either the government or the court is going to have to step aside on this one.