Morneau may not have been fleeced, but certainly paid at the high end of the valuation scale, apparently assuming that everything would proceed smoothly
January 31, 2019
The sticker price Kinder Morgan put on the Trans Mountain pipeline when it entered negotiations with the federal government last year was $6.5 billion. Hence, finance minister Bill Morneau and his team thought they’d scored a bargain when they sealed the deal at $4.4 billion.
But it looks increasingly like he may bought a cat in a sack.
With Sheila Malcolmson’s big win in Nanaimo’s by-election yesterday, the BC NDP are no doubt walking a little taller today. After all, the governing party rarely wins by-elections. The BC Liberals poured significant resources into the riding. Malcolmson was behind in the polls. The Greens ran a strong candidate. For a safe NDP riding, many in the party weren’t really sure if they could pull it off this time.
Mid-mandate, this victory extends the tenure of the NDP minority government. Some in the party are probably feeling pretty confident.
Juan Guaidó is the product of a decade-long project overseen by Washington’s elite regime change trainers. While posing as a champion of democracy, he has spent years at the forefront of a violent campaign of destabilization.
[The Trudeau government stole this money from us. They stole it from our public services and our hospitals and our schools. They stole it for Kinder Morgan shareholders. All this money to build a pipeline on stolen land in a time of climate crisis. https://twitter.com/kateljacobson 8:01 AM - 31 Jan 2019]
Prime Minister Justin Trudeau is relying on an aggressive and outdated Western Canadian crude oil supply outlook to re-approve Trans Mountain’s expansion. Trudeau’s outlook seriously contradicts the supply forecast oilsands producers support as commercially viable.
