But will it actually get built?
The federal government has approved the Trans Mountain pipeline, following months of speculation and delays after it was blocked in court.
Because of the damaging policies of the federal Liberals, investors were unwilling to fund the pipeline, leading to the government spending over $4.5 Billion taxpayer dollars to buy it.
Notably, that cost was just for the pipeline itself, not even for the expansion, which is expected to cost even more. And even with the approval, given the past failures of the Liberal government there is skepticism as to when it will actually get underway or be built. Still, the government says it will have shovels in the ground “this construction season.”
All profits from the pipeline will be spent on Canada’s ‘energy transition’ added Trudeau.
The announcement of the approval can be watched below:
While you wouldn’t often know it from the media coverage, the Trans Mountain expansion has strong support from Canadians, with the majority of people across the nation – including in BC – supporting the expansion.
Unfortunately, a large flood of foreign money – much of it from US billionaires – has sought to poison the minds of the Canadian People against our own energy industry. And while it hasn’t worked on the majority of people, it has worked on a small group of radical activists, who often get coverage that amplifies their message far beyond their actual support numbers.
And worst of all, those radical activists have pushed for legislation like C-48 and C-69, which will be devastating for the economy and energy industry, regardless of what pipelines get approved or not.
Spencer Fernando
Photo – YouTube
