Alberta premier says province prepared to buy Trans Mountain pipeline outright
EDMONTON — Alberta Premier Rachel Notley says the province will buy the Trans Mountain oil pipeline project if that’s what it takes to get it built.
“We are considering a number of financial options to ensure that the Trans Mountain expansion is built, up to and including purchasing the pipeline outright if were to come to that,” Notley said in the statement Tuesday. “But it is not the only model we’re considering.
“Obviously the best interest and outcomes for Albertans will be front and centre as we explore these options.”
Notley said on the weekend that the province was looking at taking an equity stake in the line, but didn’t talk about buying it completely.