Business community awaits federal decision on Trans Mountain pipeline – Red Deer Advocate

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The Trans Mountain pipeline project has inflamed passions across the country, but nowhere more than in British Columbia. The provincial government has promised to do everything in its power to stop it, but legal experts are divided over whether it has the constitutional wherewithal to do so.

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The federal government is likely to recover the $4.5-billion purchase price of the Trans Mountain pipeline and could even make a profit, an American analyst says. "The project will be attractive.

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Business community awaits federal decision on Trans Mountain pipeline – Red Deer Advocate Various UBC experts weighed in after the federal government decided to buy the Trans Mountain pipeline. George Hoberg, a professor at UBC’s school of public policy and global affairs, spoke to the BBC.

The federal government will not appeal the court decision that tore up cabinet approval for the Trans Mountain pipeline expansion and is appointing former Supreme Court justice Frank Iacobucci to oversee a new round of consultations with Indigenous communities.

Federal Minister of Natural Resources Jim Carr says the government stands behind its decision to approve the Trans Mountain pipeline project and that it will be alert to any attempts to delay the.