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Kinder Morgan Canada Ltd (2)
Symbol KML
Shares Issued 34,944,993
Close 2019-04-18 C$ 15.30
Market Cap C$ 534,658,393
Recent Sedar Documents

Globe says Kinder, rivals await Trans Mountain decision

2019-04-18 08:44 ET - In the News

Also In the News (C-ENB) Enbridge Inc
Also In the News (C-TRP) TransCanada Corp

The Globe and Mail reports in its Thursday, April 18, edition that the federal government intends to decide whether to reapprove the Trans Mountain pipeline expansion by June 18. The Globe's Shawn McCarthy writes that Trans Mountain was a major issue in this week's Alberta election after its delay fuelled anger in the province over the lack of export capacity for its crude and over Ottawa's inability to get new projects built. United Conservative Party premier-designate Jason Kenney vowed on Wednesday to use all the powers available to get the Trans Mountain project moving again, including disrupting oil and gasoline shipments to British Columbia if the NDP government there continues in its effort to block it. "I think Prime Minister [Justin] Trudeau knows that if we can't get coastal access for our energy, then this new government will vigorously stand up for Alberta," Mr. Kenney said Wednesday while speaking at the provincial legislature. Some first nations leaders threaten to take any reapproval back to court, arguing Ottawa was consulting in bad faith because it has a major financial interest in the project. Oil industry supporters have slammed the Prime Minister for failing to complete pipelines.

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