Category Archives: Energy

TransCanada Energy East- as a shareholder it’s a no-brainer-Opinion

Originally posted 9 October 2017

On Thursday 5 October TransCanada Corporation announced that it was no longer going to spend any more shareholders’ money to seek approval to build a pipeline to the Atlantic coast. While much nasty recrimination will unfold for a few more weeks (the bad Liberals for supporting Bombardier which is paid for by our equalization payments, etc, etc), this remains a carefully thought out corporate decision. Continue reading

The Donald makes good

Originally posted 25 January 2017

The day before Robbie Burns Day was an especially propitious day for executives at TransCanada Corporation.  Two working days into office and the new U.S.  President has “delivered”  on the promise to revive the Keystone XL pipeline from Hardisty Alberta to Steele City on the border of Nebraska and Kansas. The decision is subject to terms being negotiated with the proponents, presumably to achieve some return to the U.S. Treasury and to U.S. construction and factory workers.  Several commentators have noted this negotiation may be similar to the “shake-down” orchestrated by Premier Christy Clark with the Trudeau government’s approval of the Kinder-Morgan TransMountain pipeline.  Continue reading

The Matter of “free, prior and informed consent”

 

Shawn McCarthy’s column of 16 September first-nation-sets-pipeline-precedent12-9-16-gm discussed the question of what “consent” means to First Nations’ communities through which proposed pipelines run through. In Alberta, the New Democrat government agreed to be bound by the United Nations Declaration on the Rights of Indigenous Peoples. The federal government also  agreed to be so bound after taking office from the Conservative government last October. The federal government has not yet officially agreed to the Declaration.

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