BC Wants More Revenue from Enbridge’s Northern Gateway Pipeline
IRJ -- July 24 -- Enbridge’s proposed $6 billion Northern Gateway pipeline may have hit another snag with the announcement that British Columbia wants a greater share of the economic benefits expected to flow from the heavy oil pipeline from Alberta to the coast.
Environment Minister Terry Lake announced Monday "British Columbians are fair and reasonable but they have to have confidence that a fair share of benefits would come to this province before we would consider supporting any such proposal," Lake told reporters.
The pipeline is planned to run from the Edmonton area in Alberta to Kitimat in British Columbia, a distance of almost 1,200 kilometers. The pipeline is expected to generate $81 billion in tax revenue at federal and provincial government, of which $6.7 billion would flow to the province of British Columbia.
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