Ottawa imposed new regulatory hurdles that led to TransCanada scuttling its Energy East project.
trans mountain pipeline
Bill C-69 would add more uncertainty to Canada’s already onerous regulatory process.
The Trudeau government wants another review of the now-nationalized $4.5 billion project.
New maritime rules will further devalue oilsands assets.
This government has saddled Albertans with carbon taxes, carbon-emission caps, coal power plant phase-outs, and more.
Holdouts may block projects for strategic reasons, hoping for a better deal.
Bill C-69 would overhaul the assessment process of major energy projects and add new criteria including “gender implications."
Forty-three Indigenous groups completed agreements to support the project.
Higher crude-by-rail rates lead to lower prices for Canadian crude.
The Court also mentioned the potential impact of oil tankers on killer whales.