The president of Kinder Morgan Canada has defended the Trans Mountain project as having gone through rigorous assessments in his first comments since the B.C. NDP-Green party alliance resolved to stop the pipeline expansion.
Ian Anderson said in a statement Wednesday that the expansion has been reviewed, analyzed, discussed and considered thoroughly over many years, and now has approvals from the National Energy Board, the Government of Canada and a B.C. environmental certificate.
He said the company is starting to award significant contracts now that financing and a final investment decision are in place, and is moving ahead with the benefit agreements in place with aboriginal and local communities.
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The company continues to move forward with planning for construction to start in September, said Anderson.
His comments come a day after the B.C. NDP and Green parties formalized their alliance and released an agreement that includes a commitment to employ every tool available to stop the Trans Mountain expansion.
Tuesday also marked the start of trading for Kinder Morgan Canada after its $1.75-billion IPO was at $17 a share, with the stock since down 5.66 per cent at $16.06 after two days of trading.