NDP's Nenshi Supportive of Public Cash for Alberta Pipeline, Wants Honesty From Smith
Nenshi says the project should rely more on private investment and warns taxpayers may still cover part of the estimated $35.2 billion to $43.7 billion cost.
- On Friday, Alberta Opposition NDP leader Naheed Nenshi expressed support for Premier Danielle Smith's pipeline plan while calling for honesty about potential taxpayer financial exposure.
- The proposed pipeline would run from Bruderheim, Alta., to Delta, B.C., delivering over one million barrels daily, yet Nenshi noted the original private financing agreement with Prime Minister Mark Carney has been abandoned.
- Alberta's submission package estimates costs between $35.2 billion and $43.7 billion, with private sector stake pegged at 10 per cent; Smith said profits would more than pay for construction.
- Criticizing Smith's handling of First Nations relations, Nenshi said, "The relationship's got to be pretty broken for you to say something like that," urging her to cancel the October referendum.
- Comparing the project to the Trans Mountain expansion, Nenshi remains open if the business case succeeds, stating, "I am a finance professor at heart, so if the math maths, then we're happy to support that.
39 Articles
39 Articles
NiagaraFallsReview.ca
The Hamilton SpectatorThe Liberals are paying for another pipeline. One MP believes this time is different
Liberal MPs who heard concerns from voters the last time Ottawa bought an oil pipeline are confident this time is different, as the federal government partners with Alberta to fund a new one to the B.C. coast.
"Climate tragedy" for some, an opportunity to seize for others. The injection of public funds for the construction of a new pipeline to British Columbia was a reaction, especially since Prime Minister Mark Carney had first insisted that it be fully funded by the private sector.
"It's a big victory for the oil industry and Alberta," the Bloc Québécois says.
castanet.net
NDP's Nenshi supportive of public cash for Alberta pipeline, wants honesty from Smith
Alberta's Opposition NDP leader says Premier Danielle Smith's plan for a new pipeline has his support, but he's calling on her to be honest about how much taxpayers could be on the hook for. Naheed Nenshi says he doesn't see public financing as a deal-breaker, but he'd like to see more private invol...
The Toronto Star
NDP’s Nenshi supportive of public cash for Alberta pipeline, wants honesty from Smith
Alberta's Opposition NDP leader says Premier Danielle Smith's plan for a new pipeline has his support, but he's calling on her to be honest about how much taxpayers could be
Nenshi supports pipeline proposal but wants clarity
Alberta’s Opposition NDP leader says Premier Danielle Smith’s plan for a new pipeline has his support, but he’s calling on her to be honest about how much taxpayers could be on the hook for it. Naheed Nenshi also says public financing for the pipeline shouldn’t be a deal-breaker. “There sometimes is space for public dollars, and the big pipelines that have been built over many years in Canada certainly had public participation in different ways,…
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