Prime Minister Mark Carney has answered the question of what it’s going to take to build a new oil pipeline in Canada – a gusher of about $60 billion of taxpayer money, for starters.
That’s up to $43.7 billion (minimum estimate $35.2 billion) for a pipeline from Alberta’s oilsands to southern B.C., 90% funded by federal and Alberta taxpayers, with 10% initially and up to 20% eventually coming from the Pembina Pipeline Corporation.
