By The Canadian Press

Trans Mountain

Trans Mountain expansion gets federal approval

Jun 18, 2019 | 3:03 PM

The federal Liberal government is giving the Trans Mountain pipeline expansion a second lease on life.

Tuesday’s long-awaited decision to reapprove the contentious project comes nine months after the Federal Court of Appeal ripped up the original federal approval, citing incomplete Indigenous consultations and a faulty environmental review.

Prime Minister Justin Trudeau says he is sympathetic to concerns about the environment and the need to transition to cleaner sources of energy, but says that in order to fund that transition, Canada needs to take advantage of its natural resources while they are still needed.

As such, the Liberals will require that every dollar in federal revenue coming from the project be reinvested in clean energy and green technology.

That includes an estimated $500 million a year in new annual corporate tax revenues once the pipeline is in service, as well as any revenues from the promised sale of the entire expanded pipeline back to the private sector.

Meaningful Mementos

Remembering Someone You've Lost at Christmas

Dec 03, 2024

Seasonal Sorrow

How Do You Get Through The Holidays When You're Grieving?

Nov 01, 2024

Upcoming Events at Oliver's

Grief & Loss and Estate Planning Seminars

Oct 02, 2024

Trudeau says construction will restart this construction season, but there is no specific date yet. Trans Mountain Canada will have to apply a second time for all the necessary federal, provincial and municipal permits before breaking ground.