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TransCanada Corp
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Close 2019-01-10 C$ 53.82
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Globe says Husky, rivals hear tougher monitoring urged

2019-01-11 07:48 ET - In the News

See In the News (C-HSE) Husky Energy Inc

The Globe and Mail reports in its Friday, Jan. 11, edition that the National Energy Board is urging Ottawa to toughen marine monitoring and protection standards if the cabinet decides this spring to proceed with the expansion of the Trans Mountain pipeline. The Globe's Justine Hunter writes that the NEB issued the set of draft recommendations as part of a hearing to reconsider the pipeline project, with a final report due in February. The NEB does not say whether the project should be built. Instead, the draft recommendations released on Thursday outline proposals to "reduce or eliminate" the environmental effects of increased oil tanker traffic in the Salish Sea as a result of the tripled pipeline capacity. The three-member NEB panel says the federal government should implement a plan to assess and manage the cumulative effects of shipping along the marine tanker route. The plan would assess the overall environmental state of the Salish Sea, "as well as informing the consideration of future proposed projects." The recommendations target the broader issue of the impact of all marine traffic, rather than focusing solely on the increased tankers associated with the Trans Mountain pipeline.

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