A report that says the Trans Mountain pipeline system has earned net income of $29 million in the 19 months since it was purchased by Ottawa relies on faulty accounting, according to a vocal critic of the project.
The news comes roughly a year after the large Swiss insurance company declared it would reject companies that operate "purpose-built" transportation infrastructure for oilsands products, including pipelines.
Coldwater Indian Band says it knew the chances of the Supreme Court hearing its case were slim "given the momentum of the project" and an earlier federal court decision, "but we felt we had to use every tool available to us.”
Chief Dalton Silver said without an investigation, he would have no confidence in Trans Mountain’s ability to finish building its expansion project without “inflicting more damage to our territory."
Trans Mountain says it has reached another "key milestone" in the project to triple capacity of a pipeline moving oil from the Edmonton area to port in Burnaby, B.C.
Coldwater Chief Lee Spahan has asked the federal government to intervene with an aquifer study, saying Trans Mountain was moving ahead despite the reserve being on lockdown due to COVID-19.
The legal counsel for Coldwater, part of the Nlaka'pamux Nation in British Columbia, is taking issue with a key shift in the federal energy regulator's approach to Trans Mountain pipeline hearings that abandons oral cross-examination in favour of written questions.
A group of British Columbia First Nations is seeking to challenge the federal government's second approval of the Trans Mountain pipeline expansion project in Canada's highest court.
Alberta Premier Jason Kenney applauded a court decision on Tuesday, February 4, 2020, clearing another legal hurdle in the Trans Mountain pipeline expansion project and offered some kind words for the prime minister.
Although First Nations can "assert their uncompromising opposition" to a fossil fuel project like an oil pipeline, they can't "use the consultation process as a means to try to veto it," said the Federal Court of Appeal.
The Federal Court of Appeal is set to release its decision on the latest challenge of the Trans Mountain pipeline expansion on Tuesday, February 4, 2020.