11.2 C
New York
Saturday, October 23, 2021

Canada’s Trudeau says oil pipeline will be built

Canada's Trudeau says oil pipeline will be built© Reuters. Canada’s Trudeau says oil pipeline will be built

LONDON (Reuters) – Canadian Prime Minister Justin Trudeau said on Thursday a Kinder Morgan (NYSE:) oil pipeline at the center of a dispute would be built in a way which best serves the interests of Canadians.

Speaking in London, Trudeau said he had asked the finance minister to engage in discussions with Kinder Morgan on the project.

“I have asked the finance minister to engage in discussions, financial discussions, with Kinder Morgan and that’s exactly what is going on,” he said. “We will ensure that this pipeline gets built in a way that upholds and protects the interests of Canadians. This pipeline will get built.”

Kinder Morgan Canada Ltd wants to almost triple the capacity of its Trans Mountain pipeline from oil-rich Alberta to the Pacific province of British Columbia, which strongly opposes the idea on environmental grounds.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source: Investing.com

Related Articles

Stay Connected

- Advertisement -

Latest Articles

Popular Articles