Natural Resources Minister Jim Carr is pictured here in this undated file image (Canadian Press)

Resource minister confident Kinder Morgan will proceed

Natural Resources Minister Jim Carr believes Trans Mountain expansion will be agreed before May 31 deadline

Natural Resources Minister Jim Carr says he is absolutely confident Canada and Kinder Morgan will come to a financial agreement that will convince the pipeline builder to proceed with the Trans Mountain expansion before its May 31 deadline.

Speaking at a conference in Ottawa today, Carr says it was understandable that the threat of ”endless court action” gave Kinder Morgan’s investors pause about proceeding.

He says the government and the company have just a few more weeks to find a way for Ottawa to help alleviate enough of those jitters that the company will resume spending on pipeline construction this summer.

Carr says he has full confidence that will happen, but will not provide any details of the ongoing negotiations.

He says the legislation Prime Minister Justin Trudeau has promised to reassert federal authority to approve and build the pipeline is still being discussed as an optio, but would not guarantee it will ever be introduced.

Carr says as the world transitions to cleaner fuels, it will be decades before traditional oil is cast aside, requiring that Canada continue to develop and sell it in order to finance the path to a greener future.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

Nanaimo bluesman David Gogo releases new album, ‘17 Vultures’

Gogo currently touring in Ontario but will be back in Nanaimo for a CD release show next month

Candidates make their case to be part of Nanaimo’s next council

Select candidates’ debates held Monday at the Vancouver Island Conference Centre

Clippers take two wins on road trip, play at home tomorrow

Nanaimo beat Wenatchee and West Kelowna before falling to Coquitlam

Candidate wants to bring her experience back to the school board table

TerryLynn Saunders one of 20 candidates running for Nanaimo Ladysmith school trustee

Conservation officer advises caution following cougar sighting at Long Lake

Saturday’s incident the most recent in string of sightings at Nanaimo lake

Dying motorcyclist gets last-ride tribute at Nanaimo hospital

Friends grant Corinna Pitney’s wish ‘to hear bikes roar, to see leather and chrome’

Candidate lists finalized for Nanaimo, Lantzville, RDN, school district

Nomination deadline passes in advance of Oct. 20 local government elections

Election 2018: candidate questionnaires

News Bulletin’s questionnaire responses for Nanaimo, Lantzville, school board, regional district

Nanaimo council candidates talk about public consultation and branding the city

Chase River town hall candidates’ meeting was held Sunday afternoon

Canada Post union issues strike notice; rotating strikes could begin Monday

Union says rotating strikes will begin if agreements aren’t reached with bargaining units

Duncan play faces challenges even before first performance as thieves strike

Thefts hamper Deathtrap days before opening at Mercury Theatre

Carole James avoids questions on B.C.’s payroll tax (with video)

Green MLA Adam Olsen cites huge tax increase for local business

2 charged for feeding B.C. bear Tim Horton’s timbits

Court documents show that Randy Scott and Megan Hiltz have both been charged with feeding or attempting to feed dangerous wildlife.

Killer-rapist Paul Bernardo set for parole bid after 25 years in prison

Bernardo’s parole hearing at the Bath Institution is expected to attract numerous observers

Most Read