Alberta Liberals are Cautiously Optimistic about Trans Mountain Deal

Alberta Liberal Leader David Khan and Liberal MLA Dr. David Swann issue release on Federal Liberal Government announcement to buy Trans Mountain Pipeline:

Khan stated, “I’m cautiously optimistic construction will proceed on the Trans Mountain Pipeline project. This represents a significant economic opportunity for Alberta and Canada. A completed expanded pipeline will allow Alberta to safely ship its energy products to new markets and earn a better price. However, there are still many unanswered questions.

“We need more details about how Alberta taxpayers are exposed to possible cost overruns. We also believe the Heritage Savings Trust Fund should not be tapped to pay for this project until there are final numbers and assurances this will not be a blank cheque. We welcome the creation of project jobs and increased provincial revenue. This cannot come at any price.

“We urge Alberta’s NDP Government to withdraw Bill 12. That legislation was an extreme and desperate measure and had the potential for a severe backlash against Albertans.

“Ultimately, it was negotiations by the Federal Liberals not threats by the Provincial NDP that resulted in this deal.

Alberta Liberal MLA David Swann added, “This is a hopeful announcement but there are still concerns about environmental accountability.

“We need annual full cost accounting on the tripling of greenhouse gas emissions in relation to this pipeline and public liabilities for tailing ponds cleanup. We also need to know what the returns will be on any taxpayer equity investment.

“We must be willing to be accountable to Albertans about all environmental and reclamation costs as well as the benefits associated with our oil sands for the good of the people of Alberta and our environment.”