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Canada talking to pipeline company about aid to solve crisis

April 15
13:51 2018

Canada talking to pipeline company about aid to solve crisisThe federal government and the province of Alberta have opened talks with Kinder Morgan Canada Ltd (KML.TO) about possible financial aid to end a crisis over a planned pipeline project, Alberta Premier Rachel Notley said on Sunday. Notley spoke after an emergency meeting with Prime Minister Justin Trudeau and the premier of British Columbia, who opposes plans to almost triple the capacity of the Trans Mountain pipeline from oil-rich Alberta to the west coast. “The federal government, along with the government of Alberta, has commenced discussions with Kinder Morgan to establish a financial relationship that will eliminate investor risk,” Notley told reporters, but gave no details.


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