Oh, to be a Kinder Morgan shareholder.
Woe to be a Canadian taxpayer.
Archiv: Kinder Morgan
With project in doubt, Kinder Morgan shareholders vote to sell Trans Mountain pipeline to Ottawa
Kinder Morgan Canada shareholders voted overwhelmingly Thursday to approve the sale of the Trans Mountain pipeline and expansion project to the Canadian government for $4.5 billion.
The vote came just 30 minutes after the Federal Court of Appeal quashed the federal government‘s approvals to build the massive project, handing a huge victory to Indigenous groups and environmentalists opposed to it.
Liberals ‚absolutely committed‘ to Trans Mountain after Federal Court of Appeal quashes construction approvals
In a stunning blow, the Federal Court of Appeal has quashed approvals to build the Trans Mountain expansion project, but the federal government is determined to proceed with the pipeline. Today‘s ruling is a major victory for Indigenous groups and environmentalists opposed to the $7.4-billion project.