Citing a lack of confidence in the National Energy Board’s review, and lack of Indigenous consultation, the Federal Court of Appeal has shut down construction of the Trans Mountain pipeline expansion for the time being.
This comes on the same day Kinder Morgan shareholders voted 99 percent in favour of the 4.5-billion dollar sale to the federal government.
Scott Moe has responded to the news of the pipeline rejection.
The Premier of Saskatchewan is calling on the Federal Government to do what it can to complete the Trans Mountain Pipeline expansion.
Moe said the longer the project remains incomplete means the longer Saskatchewan experiences a large oil price differential.
“That differential has costed our industry in the neighbourhood of the couple billion dollars each and every year to the economy of our province, that just in the energy industry itself” Moe said. “Directly to the government, the cost is a couple hundred million dollars just on the oil differential because we have one customer, that customer being the United States.”
The opposition NDP leader Ryan Meili is calling on Premier Moe to develop a schedule for replacement of existing pipelines to keep steelworkers on the job.
Federal Conservative Leader Andrew Scheer called the ruling another “gut punch” for Canadian workers.
Federal Finance Minister Bill Morneau said building the pipeline is in the national interest, and Ottawa is pushing ahead with its purchase of the project.
Aaron Woodrick with the Canadian Taxpayers Federation said this showed disregard for Canadians paying taxes.
“This government by buying this pipeline shifted the risk from shareholders onto the backs of Canadians, now that there is money going to be lost it will be the taxpayers that are the ones losing it,” Woodrick said.
The proposed pipeline expansion would run from Burnaby to Edmonton.