Overpriced Pipeline - Pro Gun Doug Ford

  • 6 years ago
Experts say feds overpaid by $1.2 billion for Trans Mountain pipeline

The federal government may have paid too much for Kinder Morgan’s Trans Mountain pipeline, but a petroleum marketing expert says taxpayers will be able to recoup the forecasted $11-billion investment if the project can be completed on schedule and under budget.


https://www.thestar.com/calgary/2018/05/30/experts-say-feds-overpaid-by-12-billion-for-trans-mountain-pipeline.html

Canada’s Dirty $20-Billion Pipeline Bailout
Trans Mountain existing assets valued at $550 million in 2007.

Finance Minister Bill Morneau has proposed sacrificing Canadian taxpayers to bail out an uneconomic U.S. pipeline owned by former Enron executives.
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And the bill for taxpayers won’t be $4.5 billion as Morneau claims, but much closer to $20 billion, says economist Robyn Allan.

Let’s parse the fantastic numbers, because they will affect all of us.

The $4.5-billion purchase price only buys a leaking 65-year-old pipeline, an aging tanker farm not built to withstand earthquakes, and a port facility as well as engineering plans and permits for the twinning of a high-risk expansion project.

https://thetyee.ca/Opinion/2018/05/29/Canada-Dirty-Pipeline-Bailout/

In a move meant to curb “the violent criminals who think they own our streets,” Ontario Premier Doug Ford announced $25 million in funding over four years to address gun crime and gang activity in Toronto.

“We are sending a clear message to the thugs,” Ford said at an announcement Thursday that drew fiery criticism from policing and legal experts.

https://www.thestar.com/news/gta/2018/08/09/premier-doug-ford-says-25-million-for-combating-gun-violence-wont-go-to-carding.html
Ford once again presses Tory for action on gun violence in new letter

In his latest letter to Tory, Ford reiterated the provincial government’s investment of $25 million in funding, which will help in providing tools and resources to combat gun violence, but added that more needs to be done.

https://www.cbc.ca/news/canada/toronto/ford-tory-gun-violence-letter-1.4790741

60 Hard Truths about “Liberals”

https://famguardian.org/Subjects/Politics/Articles/Liberals.htm

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