Keystone Update!

The USA does not want Canada shipping oil off our west coast.

 

They see it as opposition to their total control by the Gulf Coast refineries. Conservatives serve the US before they serve Canada, Kenny tried and failed to shut down the Trans Mountain Expansion!

 

He was busted both times so, he tried to make it a battle of pensions.

 

Kenny drew the Alberta Teachers pension fund and put it into AIMCO which is not arm's length from the Conservatives. Kenny wanted to start a pension battle with Ottawa. Trans Mountain expansion is owned by the Canada Pension Plan.  

He has since put in legislation preventing the Teachers Association from suing AIMCO. 

 

A great investment, they have contracts for 80 per cent of their capacity (all they can legally book) Kenny took the teachers Pensions and financed the Keystone line out of that putting up a contest between Ottawa and Alberta expecting on one part for Ottawa to capitulate and quit the Trans Mountain.

 

Another massive business decision failure was to think the Republicans would be in office forever. He also chose to overlook the fact the US is self-sufficient in oil production. There has never been a discussion on how much the pipeline would charge to move oil.  

 

Now, he's casting about trying to push the forthcoming disaster onto someone else.