16:54:02 EDT Mon 21 Oct 2019
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Kinder Morgan Canada Ltd (2)
Symbol C : KML
Shares Issued 34,944,993
Close 2019-09-17 C$ 14.74
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Globe says Kinder, rivals see court reopen TMX approval

2019-09-18 07:01 ET - In the News

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

The Globe and Mail reports in its Wednesday, Sept. 18, edition that British Columbia's highest court has told the provincial government to reconsider its environmental approval for the Trans Mountain pipeline expansion and examine whether it needs to impose more conditions on the project after a challenge by a Vancouver area first nation. The Globe's Justin Giovannetti writes that the B.C. Court of Appeal decision on Tuesday, stopped short of ripping up the province's approval and concluded the government adequately consulted first nations. It also stressed that the B.C. government does not have the power to impede construction of the pipeline. However, the ruling found that because the provincial certificate was based on a National Energy Board review that was struck down by the courts, the provincial approval should be reconsidered. The court rejected a claim from the Squamish Nation that the province had not sufficiently consulted with indigenous groups before the pipeline's environmental assessment certificate was approved by B.C.'s former Liberal government in early 2017. The government attached 37 conditions to the project. The issue is now in the hands of the NDP government.

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