VANCOUVER—Canada’s $4.5-billion purchase of the Trans Mountain pipeline from Texas energy giant Kinder Morgan has gained a key U.S. regulator’s blessing. The federal government says the Trans Mountain pipeline expansion is in the national interest and must be built. “The Trans Mountain expansion is in the national interest and it must be built.” The company also applauded the decision. In an email, Trans Mountain spokesperson Ali Hounsell said the firm now has all the “required regulatory approvals” needed to close the sale of the existing 1,100-kilometre pipeline system and the planned $7.5-billion expansion. An Indigenous-led Watch House remains nearby on Burnaby Mountain.

Source: thestar August 18, 2018 01:18 UTC