News Release: BC Chamber of Commerce responds to Kinder Morgan decision to suspend activity on Trans Mountain expansion project
BC Chamber of Commerce responds to Kinder Morgan decision to suspend activity on Trans Mountain expansion project
Vancouver, April 9, 2018 – “The implications here are seismic: if we can’t build this project it will show the world that government approvals and rule of law count for nothing in Canada - we can’t let this happen,” says Val Litwin, President and CEO of the BC Chamber of Commerce.
The BC Chamber of Commerce is calling on the BC government to halt its opposition to the Trans Mountain expansion project, in response to the announcement from Kinder Morgan Limited (KML) yesterday that it will suspend non-essential spending on the project. KML articulated a deadline of May 31st, 2018 by which it hopes to achieve clarity around the ability to construct the project in BC. We ask that the provincial and federal governments work together to ensure this federally and provincially approved pipeline has the clarity it needs to proceed.
“Kinder Morgan will be spending as much as $300 million per month during peak construction stage,” says Litwin, “but a company can’t move forward with that magnitude of investment in the face of such acute uncertainty as is currently being created by the BC government.”
Despite all project approvals to date, the province of British Columbia is still working to frustrate progress. “Make no mistake, if this pipeline can’t move forward it will have broad implications for resource development in BC and Canada,” says Litwin. He further notes: “This is a federally approved undertaking and our Prime Minister can’t afford to ease up on public efforts to see this project complete; he must take actions to guarantee this project is built as Canada and BC’s reputations as markets worthy of investment depend on it.”
BC Chamber of Commerce data shows the BC business community supports the Kinder Morgan expansion project by a factor of two to one.
About the BC Chamber
The BC Chamber is the province’s largest and most broadly-based business organization driving insights to its partners, government and Chamber network. With 36,000 members hailing from every nook and cranny of the province, the BC Chamber knows what’s on BC’s mind.
Director of Communications
BC Chamber of Commerce