Title: Who Benefits? A Summary of the Economic Impacts That Result From the Trans Mountain Expansion Author: Michael Burt Publisher: Conference Board of Canada Date: January 6, 2016 Full Text Article Summary: This report builds on previous work conducted by The Conference Board of Canada to estimate additional economic and fiscal benefits associated with
Currently, Canada’s oil and gas industry must sell its products at a discount because of restricted market access. Would any other Canadian industry tolerate operating under these conditions?
More than 73,000 kilometers of pipelines are federally regulated in Canada, moving 1.3 billion barrels a year. 99% of liquids transported by these pipelines are delivered safely, and 100% of liquids released from them in the past three years have been recovered
According to a 2014 Fraser Institute study, pipelines are 4.5 times safer than rail as a means of transporting oil and gas.