Canada Bailout of KM: Indigenous Voices from the Frontlines

Canada’s government announced that it is going to pay $4.5 billion to Kinder Morgan to buy both the existing 65-year-old Trans Mountain pipeline and the controversial Trans Mountain Expansion Project. This doesn’t include the assumed liability for construction costs of the project, which could cost billions more, including Kinder Morgan’s previously documented $7.4B for construction costs, and the significant potential for costs related to construction delays. The real cost to taxpayers could easily top $12B. 

 The Trudeau government has shown its cards; they do not have an interest in standing by their election commitments to uphold Indigenous Rights, lower GHG emissions or work towards solving climate change. The Canadian government has gone from backing a fossil fuel company that is trampling Indigenous rights to becoming one.

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WEBINAR: Canada Bailout of KM: Indigenous Voices from the Frontlines

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ICA’s Statement on Canada’s $4.5B Bailout of the Kinder Morgan TransMountain pipeline