Morgan Canada News Today

An Aframax tanker is heading its way to China from British Columbia after becoming the first vessel to load heavy oil from the newly expanded Trans Mountain pipeline system.

$34-billion TMX project faces scrutiny over costs, environment and First Nations rights

Last week, as gasoline prices spiked in Vancouver to reach $2.20 per litre—48 cents above the national average—crude oil from Alberta began filling the new secondary Trans Mountain pipeline and making its way out west, to Burnaby.

$34-billion TMX project faces scrutiny over costs, environment and First Nations rights

Plus, TD Bank ordered to pay almost $9.2 million by Canada’s anti-money laundering regulator over faulty controls

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Trudeau’s boondoggle — $21.4 billion and rising — includes a sucker’s deal that keeps Canadians forever on the hook, explains economist Robyn Allan.

They had a nickname in the industry for the Trans Mountain oil pipeline when it was under construction. They called it the roughest inch, and with good reason.

Kinder Morgan expands storage at Canadian Edmonton terminal Share 28 March 2012 Kinder Morgan Canada Terminals has inked a deal to add an additional 1.2 million barrels of merchant oil storage capacity at Trans Mountain pipeline’s Edmonton terminal in Strathcona County, Alberta. The firm said it has entered into a long-term contract with a major Canadian producer to expand the terminal, but did not name the company. The total value of the expansion is $284m with 3.6 million barrels of storage...