The Financial Post reports in its Tuesday, June 18, edition that one of the most consequential choices facing Canada today is coming to a head in a hotel banquet room Terrace, B.C., where final oral arguments concerning Enbridge's proposed Northern Gateway pipeline are being heard before a joint panel of the National Energy Board and the Canadian Environmental Assessment Agency. The Post's Claudia Cattaneo writes the first day of the final hearings Monday was all business following an exhaustive process that pitted Albertans against British Columbians and has cost Enbridge nearly $500-million.
In its final words to the panel, Enbridge said it is making enormous and costly commitments to avoid accidents and that the biggest risk to the country would be to not approve it.
The Alberta Federation of Labour, which opposes the project because it wants bitumen to be processed in Canada, accused Enbridge of fear mongering about the potential loss of the United States market, which it says is an unlikely scenario.
Federation lawyer Leanne Chahley disputed Enbridge's claim the oil price discount caused by a lack of pipeline capacity is resulting in an annual loss to Canada of $30-billion.
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