Canada to buy major pipeline to ensure it gets built
Canada’s federal government said Tuesday it is buying a controversial pipeline from the Alberta oil sands to the Pacific Coast to ensure it gets built. Prime Minister Justin Trudeau’s government plans to spend $3.4 billion to purchase Kinder Morgan’s Trans Mountain pipeline. The pipeline expansion would triple the capacity of an existing line to ship oil extracted from the oil sands in Alberta across the snow-capped peaks of the Canadian Rockies. [node:read-more:link]