OTTAWA — Prime Minister Justin Trudeau on Sunday took his firmest stance yet in support of the Trans Mountain pipeline, saying after an emergency meeting with the B.C. and Alberta premiers that his government would introduce financial and legislative backing to ensure the project goes ahead. Finance Minister Bill Morneau will begin private talks with Kinder Morgan Canada Ltd., the project proponent, to determine what financial supports could be provided, Trudeau said. Premier John Horgan, whose government has vehemently opposed the pipeline at every turn, drawing ire from Alberta and the federal government. Analysts have suggested a federal equity position in the company would do little to placate investor concerns, and Kinder Morgan was neutral on the notion of financial backing.

Source: National Post April 15, 2018 23:03 UTC