The fate of the Trans Mountain pipeline is less certain after Monday's election because the three parties that could prop up a Liberal minority are all opposed to more pipeline construction.In all the possible election outcomes, the uncertain one is what downtown Calgary had most feared.
“I’ve never seen so much angst about an election outcome," says oil executive Rick Orman, who has also been involved in Alberta conservative politics since the early days of Peter Lougheed’s government.“There’s a palpable fear about what an alliance between Justin Trudeau and [NDP Leader] Jagmeet Singh could mean for the oil and gas business."
The Liberal government did buy the Trans Mountain pipeline and expansion project. And Trans Mountain expansion plans are not subject to a vote in the House of Commons. Now expect more pleas such as Mr. Fagerheim’s to surface. Jim Davidson, the former vice-chairman of GMP FirstEnergy, and a key fundraiser for Alberta Premier Jason Kenney, says in his circles, talk of separation is not as outlandish as it once was.“irrational.”
All investors will move all money out of Canada now.
No, the worst scenario would be an NDP or Bloc majority! The headline should be: 'For the oil and gas sector a Liberal minority is a worrisome scenario.' or words to that effect.
Your statement is unfounded
No, the worst would be a conservative minority that is promptly followed by non confidence vote by an NDP Liberal coalition.