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TransCanada Corp
Symbol C : TRP
Shares Issued 918,021,065
Close 2019-01-15 C$ 54.56
Recent Sedar Documents

NP says Enbridge, rivals hear pipelines are top of mind

2019-01-16 09:03 ET - In the News

See In the News (C-ENB) Enbridge Inc

The National Post reports in its Wednesday edition that nearly 66 per cent of Canadians believe that the lack of pipeline space to move oil constitutes a crisis in Canada, according to new polling from the Angus Reid Institute. The Post's Tyler Dawson writes that the research comes as Alberta is on the cusp of a provincial election and Prime Minister Justin Trudeau's governing Liberals will face the electorate in October. There is little doubt that, whether pipeline capacity constitutes an objective crisis or not, it is top of mind for voters in many parts of the country, and especially in Alberta. On Monday, Brian Jean, the former leader of Alberta's Wildrose party, said: "Canada is broken. ... None of our political leaders understands the current anger of Albertans. Albertans want a 'Mad as hell' Party, that isn't going to take it anymore." All this conspires to make pipeline politics and the carbon tax two of the most contentious issues, in both the Alberta and federal elections. The lack of pipeline capacity is a major factor in the differential between the price per barrel of Western Canadian Select and other grades of oil. This differential was costing the economy as much as $80-million per day.

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