May 31st, 2018 - 5:01pm
FOR IMMEDIATE RELEASE
May 29, 2018
MASSE INTRODUCES MOTION AT INDUSTRY COMMITTEE TO STUDY THE IMPACTS OF TRANS MOUNTAIN PIPELINE PROJECT
OTTAWA, ON – NDP Innovation, Science and Economic Development Critic Brian Masse introduced a motion at the House of Commons Industry Committee today following this morning’s announcement by the Liberal government that they are purchasing the Trans Mountain Pipeline project. Masse has asked the committee to study the proposed purchase, including terms and conditions of the sale, the impacts that this purchase may have on industry competition, and the possible repercussions on other markets.
“Canadians deserve to know how the pipeline purchase will impact competing businesses and industry,” stated Masse. “I believe that this is worth a detailed look to ensure that the process remains transparent to the taxpayers.”
Minister Morneau has stated that the project, once purchased, will fall under a crown corporation until it is sold after the project’s completion. Masse wants to know which corporation will be responsible as well as any further details that Canadians, and Canadian industry, should be aware of in advance of the project moving forward.
“$4.5 billion dollars is a lot of money. We should know what this investment will do for Canadians and our industries. This motion will allow Canadians to hear substantial responses from the Minister of Finance and Minister of Natural Resources and will increase the transparency behind this decision.” said Masse.
Masse’s Motion Reads:
“That the Standing Committee of Industry hold hearings to study the proposed purchase by this government of the Trans Mountain Expansion Project pipeline and infrastructure, including: a) the terms of the purchase including the costs to taxpayers and long-term impacts of purchasing and completing this project, b) the direct and indirect impacts on Canadian businesses directly in competition with pipeline products and the use of those products in respective markets, and, c) the plan for the sale of this project once completed.”
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