Poll: Do you think the federal Liberal government made the right choice in making a $4.5 billion bid to buy Kinder Morgan’s existing Trans Mountain pipeline?
Abbotsford opponents to the proposed expansion of the Trans Mountain pipeline say the federal government’s plan to purchase the project and take over construction does not change their position.
Meanwhile, Mayor Henry Braun expressed hope the move would increase investor confidence and help complete a project he believes is in the national interest.
Lynn Perrin, a local anti-pipeline activist with Pipe Up, says she wasn’t surprised by the decision but she was nonetheless disappointed.
“Buying this leaky old pipeline is like going to a casino and gambling your children’s education fund,” she said.
Federal finance minister Bill Morneau announced Tuesday his government’s plan to spend $4.5 billion to buy the existing Trans Mountain pipeline, which carries diluted bitumen from Alberta to Burnaby. Work to expand the project will now resume, while Kinder Morgan will help the federal government to try to find a new buyer for the pipeline.