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Kinder Morgan has announced it is suspending "non-essential" activities and investments for its Trans Mountain pipeline expansion project. This follows a series of abandoned large infrastructure projects in the country and once again sends the wrong message that Canada does not welcome investors, points out the Montreal Economic Institute, which is pushing Ottawa to act to stop the hemorrhaging.
Pipeline projects currently in development in Canada represent enormous private investments that can stimulate the Canadian economy more effectively and more sustainably than the approximately $30-billion deficit projected for this year by Ottawa, shows an Economic Note published by the MEI.
Quebecers' opinions about the development of oil, its provenance, and its transport diverge markedly from what is often heard from certain interest groups, and from certain members of the political elite, according to the results of a Léger poll commissioned by the MEI just released.