by Spencer Fernando

August 30, 2018

Kinder Morgan totally played the Trudeau government, and Canadian taxpayers are paying the price.

Right after a federal court ruled against the approval of the Trans Mountain pipeline expansion, Kinder Morgan approved the sale of the 65-year-old pipeline built in 1953 to the Trudeau government.

And of course they did.

They just offloaded a pipeline that may never be expanded, not only saving themselves the costs of going through the endless regulatory approval process again and saving themselves the cost of construction, but also making a $4 billion profit (They originally spent about $500 million on it) at the expense of Canadian taxpayers.

They did what a private company does: Maximize profits.

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