Does that mean it will be like a crown owned pipeline? Not that privatizing ports is worth a provincial pipeline but that would be an interesting outcome.
Potentially, depending on how they choose to finance it. The Trans Mountain pipeline is fully government owned through a crown corp, they could do something similar. Or they could potentially go with a P3 model where they use government funds to make investment more attractive to a private corporation resulting in a privately owned pipeline or shared ownership depending on the specifics of the agreement.
You’ll notice there’s a premier missing who’s province is going to have to be involved in this.
Does that mean it will be like a crown owned pipeline? Not that privatizing ports is worth a provincial pipeline but that would be an interesting outcome.
Potentially, depending on how they choose to finance it. The Trans Mountain pipeline is fully government owned through a crown corp, they could do something similar. Or they could potentially go with a P3 model where they use government funds to make investment more attractive to a private corporation resulting in a privately owned pipeline or shared ownership depending on the specifics of the agreement.
it will be a public funded, money-losing pipeline that subsidizes the profits of the foreign companies that extract 70% of Alberta oil.
Just like TMX.
Convinced if someone does a Scooby-Doo mask pull on Carny, it will have been Stephan Harper all along.
A private backer was a requirement in the original MoU, and I can’t tell from the article whether that’s still the case.
If so, the whole thing may well be a non-starter.