Approve Trans Mountain and start building now: CAPP
June 17, 2019
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The Canadian Association of Petroleum Producers (CAPP) have a message for the governing Trudeau Liberals: approve the Trans Mountain Expansion Project (TMEP) now and begin construction immediately.
“The TMEP must be approved and its construction must begin early this summer,” states CAPP. “If the project gets stalled until after the October election, we will miss the construction season which means at least another year of delay.”
Ottawa is expected to make a decision on approving the delay-plagued pipeline tomorrow (Click here for related article).
Delays would mean additional costs for the project, thousands of workers still sitting on their hands when they could be working, and an estimated loss of revenue to the Canadian economy currently estimated at $80 million per day from a lack of market access.
See related article, Anger over Bill C-69 simmers at Global Petroleum Show.
“Canada can play a global leadership role in offering responsibly produced energy, while attracting investment, spurring innovation, creating jobs and economic benefits across the country,” states CAPP. “The Trans Mountain Expansion Project could be one part a long-term solution to show investors that Canada can offer opportunities for future growth and prosperity.”