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

International acceptance for Okanagan Xeriscape Association

Association invited to join international plant and gardens group

Power outage in Lake Country

Auto accident knocks out power to 1,050 customers south of Tronson Road and west of Commonage Road

Rockets players excited for CHL/NHL Top Prospects Game

Three Rockets will play in a showcase game including 40 of the best players in the CHL.

City of West Kelowna asks for help clearing snow

A snowfall of 10 to 15 centimetres is forecasted overnight

Kelowna’s Two Hat continues to lead charge in fight against child sexual abuse images online

The company has released CEASE.ai, an artificial intelligence model to detect new material for law enforcement

VIDEO: Here’s what the B.C. legislature officers are accused of buying

Personal trips, purchases, alcohol and more laid out in 76-page report by Plecas

Why would the B.C. legislature need a firewood splitter?

First sign of police involvement in investigation of top managers

New Canada Food Guide nixes portion sizes, promotes plant-based proteins

Guide no longer lists milk and dairy products as a distinct food group

Heavy snowfall expected for Coquihalla, Okanagan valley

Coquihalla highway, the Connector, and Highway 3, from Princeton to Allison Pass are getting snow.

Judge annuls hairdresser’s forced marriage to boss’ relative

Woman was told she’d be fired if she didn’t marry boss’s Indian relative so he could immigrate here

Video: Runaway Coquihalla dog returned to owner

Archer, the dog found roaming along Coq. Hwy. on Jan. 19, has been reunited with owner

Liberals look to make home-buying more affordable for millennials: Morneau

Housing is expected to be a prominent campaign issue ahead of October’s federal election

Province proposes Shuswap cannabis retail outlet

BC Liquor Distribution Branch pursues new store at Salmon Arm SmartCentres site

Most Read