Why the BC- Kinder Morgan Revenue Sharing Deal is bad for Canada

Almost five years ago, British Columbia announced five “conditions” for its “approval” of the Kinder Morgan TransMountain pipeline expansion. The last of the five conditions – that there be a “fair share of benefits” for British Columbians – has now been met, with Kinder Morgan agreeing to pay $500-million to $1-billion over 20 years to the B.C. government. Environmental concerns will be addressed by the 194 specific national and provincial conditions for the project, plus the federal commitment to a $1.5-billion ocean-protection plan. But the fifth condition was all about money and local politics.

 GUEST: Martha Hall-Findlay- President and CEO of Canada West Foundation

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