Ottawa imposed new regulatory hurdles that led to TransCanada scuttling its Energy East project.
The government’s reliance on formal benefit-cost analysis will be a major barrier to the timely elimination of red tape.
The federal government expects the deficit in 2018-19 to reach $18.1 billion and grow next year to $19.6 billion.
Program spending this fiscal year will reach $320.2 billion.
Just six months into its 2018/19 plan, the government upped spending by $8 billion.
More than 80 per cent of middle-class families have experienced an increase in their federal income taxes.
For much of the summer, the federal government will backstop construction costs by Kinder Morgan, a private firm.
Pipeline expansion project may generate $50 billion in government revenue over 20 years.
The theoretical or “ideal” carbon-pricing system has never been implemented.
Kinder Morgan stopped all “non-essential spending” on the $7.4 billion project due to regulatory, legal and political barriers.