I am deeply disappointed by Kinder Morgan Canada’s announcement that it will suspend all non-essential activities on the Trans Mountain Expansion Project. This is devastating news for Canada’s energy sector, particularly in Alberta, where tens of thousands of energy workers have lost their jobs in the past two years.
The suspension of the Trans Mountain Expansion Project comes six months after the cancellation of TransCanada’s Energy East pipeline. Under the leadership of Justin Trudeau, the Liberal government has created a toxic environment for energy investment, which is why these projects keep getting cancelled or suspended. Not only has the Prime Minister failed to show any leadership on the interprovincial Trans Mountain dispute, he is actually making matters worse for the Canadian energy sector by imposing harmful policies such as the carbon tax and new regulations that penalize Canadian oil exports.
The Trudeau Liberals’ refusal to acknowledge the harm they have done to our energy sector was reflected in Natural Resource Minister Carr’s announcement last week that the government of Canada will be spending up to $280,000 to study why Canada’s resources sector is falling behind and failing to compete with the United States. We don’t need a study – we know why the Canadian sector is falling behind. In light of yet another major project cancellation, the Trudeau government should be pulling back its onerous resources policies, instead of wasting $280,000 of Canadians’ money answering a question when we already know the answer.
The Canadian energy sector produces the most environmentally and socially responsible oil and gas in the world, and Conservatives recognize that the livelihoods of hundreds of thousands of Canadians depend on projects like the Trans Mountain Expansion. Justin Trudeau has failed to recognize the importance of the country’s energy sector and, considering his government’s track record of failure on the energy file, it is not a surprise that Kinder Morgan is now suspending work on the Trans Mountain Expansion Project. Canadians deserve a government that will champion important projects like these and ensure these projects come to fruition.