SBOT Disappointment At Trans Mountain Decision – Compromises Economic Growth And Competitiveness

Surrey/Ottawa – On August 28, the Federal Court of Appeals decision effectively halts the 1,150 km pipeline project indefinitely. This comes as a shock to the Surrey Board of Trade as the Federal Government has taken extra steps to consult and consider environmental concerns in anticipation of taking ownership of the pipeline project, a decision made in Spring 2018. The court ruling means that there will be years of consultation to go until this project is viable. This leaves the project in legal limbo until the energy regulator and the government reassess their approvals to satisfy the court’s demands.

Anita Huberman, CEO, Surrey Board of Trade

“The Surrey Board of Trade is very disappointed with today’s decision from the Federal Court of Appeal quashing the government’s approvals to build the Trans Mountain expansion project – a $7.4-billion project – that will spur significant economic activity locally and globally,” said Anita Huberman, CEO Surrey Board of Trade.

“Moving crude oil by rail through suburbs is far more hazardous than using state-of-the art technology in pipelines. A portion of the new construction of the Trans Mountain Pipeline will go through Surrey.”

“The Surrey Board of Trade continues their support of the Kinder Morgan Expansion Project with the development of 15,000 jobs, mostly in the trades,” said Anita Huberman, CEO, Surrey Board of Trade.

Pipelines play a crucial role in today’s economy. They foster international trade, generate investment in research and development and create jobs, a fact that is not to be taken lightly in the current economic landscape.

“Access to markets, including building trade infrastructure, is what we want to see government deliver. These infrastructure projects are trade enabling, and they will drive economic growth for decades to come. They will create jobs for Canadian families and generate tax revenues for governments confronting massive deficits.”

“Further, the Surrey Board of Trade Environment and Infrastructure Team has extensively reviewed this project and has actively participated in the discussions related to the focus on environmental protections such as the 157 binding conditions by the National Energy Board as well as the investments in the Ocean Protection Plan which serve to address environmental and other concerns related to the project.”

The Surrey Board of Trade has extensively reviewed Kinder Morgan’s commitment to ensure that the proposed twinned pipeline will meet and exceed the most stringent conditions to get product to market in the safest possible way.

For more information: https://www.neb-one.gc.ca/pplctnflng/crt/index-eng.html

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