Encouraged Burnaby to collaborate with Trans Mountain to resolve concerns with the pipeline’s location.
Every US dollar increase in the price difference costs the company $125 million in revenue.
Expansion will include 375 kilometres of large diameter pipeline, compression facilities, meter stations.
Panel includes leaders in the oil, banking, academic and investment sectors, plus Alberta cabinet ministers and senior civil servants.
Will lower operating costs by eliminating about 70% of future power purchases.
Federal and Alberta governments deny they’re moving in retaliation as obstacles mount.
Raises questions about the stability of the North Spur dam, a crucial element of the Muskrat Falls design
Alberta premier has already suspended talks to buy BC electricity and has banned BC wines.
Says BC is very aware Canada can and will do what it takes to exert its authority to have the pipeline built.
Buying Mocal Energy’s 5% interest in the oil sands developer for approximately $920 million.
Says how major projects are assessed in Canada will restore public trust in the process.
Expects federal government to assert its jurisdiction: to get past words of support to action.
Trying not to get in the middle of the spat but he has reiterated government approved the pipeline and is going to get it built.
Alberta Investment Management Corp. buying 49% of the projects to be constructed near Pincher Creek.
Cenovus said drill rig site has been shut down for an investigation.