A new study is questioning one of the central rationales for the Trans Mountain pipeline expansion project — that it would allow Canada to fetch a fair price for its oil.
A new wave of oilpatch consolidation has been widely expected since oil prices cratered this spring, undercutting share prices and piling debt onto Canadian petroleum producers.
Some smaller deals have unfolded this fall, but Cenovus Energy’s mammoth $3.8-billion acquisition of integrated producer Husky Energy on Sunday lit the fuse on the biggest corporate takeover in Canada’s oilpatch in several years.
On Oct. 15, members of the We, the Secwépemc Unity Camp to Stop the Trans Mountain Pipeline walked across Canadian Pacific Railway tracks and onto the Trans Mountain site. There, at least one protester, a woman, sat on an excavator and called for others opposed to the pipeline expansion project to help stop the work being done.
Several people were arrested on Thursday (Oct. 15) at the Trans Mountain construction site on Mission Flats in Kamloops.
"Ultimately, we believe it evident that the Trans Mountain Expansion project is economically unviable and environmentally precarious. For the federal government to continue to push through its construction during a global pandemic that has seen oil prices plunge into the negatives is foolhardy and unconscionable."
A seven-year dispute has ended in an agreement by Trans Mountain Pipeline to reroute its expansion project by building a bypass around a native rights sore spot in southern British Columbia (BC).
A group of about 20 young men, all under the age of 26, make up the Alberta Separatist Youth League (ASYL) -- and they have big political aspirations. While they hide their true ideology publicly, behind the scenes they are explicit in their antisemitic, racist, and authoritarian beliefs.
