• 6 years ago
Experts say feds overpaid by $1.2 billion for Trans Mountain pipeline

The federal government may have paid too much for Kinder Morgan’s Trans Mountain pipeline, but a petroleum marketing expert says taxpayers will be able to recoup the forecasted $11-billion investment if the project can be completed on schedule and under budget.


https://www.thestar.com/calgary/2018/05/30/experts-say-feds-overpaid-by-12-billion-for-trans-mountain-pipeline.html

Canada’s Dirty $20-Billion Pipeline Bailout
Trans Mountain existing assets valued at $550 million in 2007.

Finance Minister Bill Morneau has proposed sacrificing Canadian taxpayers to bail out an uneconomic U.S. pipeline owned by former Enron executives.
Announcements, Events & more from Tyee and select partners

Everything’s On the Table for Talk and Food Everything’s On the Table for Talk and Food

British Columbians are invited to join the Vancouver Foundation’s 75th anniversary event where you can be the host.
Fellowship a Chance to Reconsider How We’re Governed Fellowship a Chance to Reconsider How We’re Governed

UBC graduate Andrew Seal wins the first Merv Adey Memorial Fellowship to examine the upcoming referendum on electoral reform.

And the bill for taxpayers won’t be $4.5 billion as Morneau claims, but much closer to $20 billion, says economist Robyn Allan.

Let’s parse the fantastic numbers, because they will affect all of us.

The $4.5-billion purchase price only buys a leaking 65-year-old pipeline, an aging tanker farm not built to withstand earthquakes, and a port facility as well as engineering plans and permits for the twinning of a high-risk expansion project.

https://thetyee.ca/Opinion/2018/05/29/Canada-Dirty-Pipeline-Bailout/

In a move meant to curb “the violent criminals who think they own our streets,” Ontario Premier Doug Ford announced $25 million in funding over four years to address gun crime and gang activity in Toronto.

“We are sending a clear message to the thugs,” Ford said at an announcement Thursday that drew fiery criticism from policing and legal experts.

https://www.thestar.com/news/gta/2018/08/09/premier-doug-ford-says-25-million-for-combating-gun-violence-wont-go-to-carding.html
Ford once again presses Tory for action on gun violence in new letter

In his latest letter to Tory, Ford reiterated the provincial government’s investment of $25 million in funding, which will help in providing tools and resources to combat gun violence, but added that more needs to be done.

https://www.cbc.ca/news/canada/toronto/ford-tory-gun-violence-letter-1.4790741

60 Hard Truths about “Liberals”

https://famguardian.org/Subjects/Politics/Articles/Liberals.htm

Category

🗞
News