Ottawa needs to be more aggressive on pipelines, ex-TransCanada CEO says [Business News Network (BNN) Energy & Resources (Canada)]
TC Energy Corporation (TRP)
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Source: Business News Network
Ottawa needs to be more aggressive on pipelines, ex-TransCanada CEO says The federal government isn’t taking an aggressive enough approach on approving pipeline projects in Canada, and ensuring already approved projects – like the Trans Mountain expansion – don’t face delays, a former CEO of TransCanada says. “I think that we have a very complicated situation in terms of getting our energy production to market,” Hal Kvisle, former CEO of TransCanada and Talisman, told BNN in an interview Friday. “We’re fraught with delay, we have a government that seems to be biased against these sorts of projects.” Ottawa unveiled plans Thursday to overhaul its pipeline review process. Kvisle says there’s some elements of the new process that “make a lot of sense,” like creating a two-stage process, but said “there’s this persistent bias” at the federal level when it comes to moving Canada’s oil and gas to market. The new approval system comes amid mounting trade tensions between B.C. and Alberta ove
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