Skip to content

September 14, 2018

Cardinal Update – September 2018

Canadian Oil & The Trans Mountain PipelineOn August 30th, the Federal Court of Appeals (FCA) released a negative ruling pertaining to the Trans Mountain Expansion (TMX). The FCA found two major deficiencies in the report from the National Energy Board (NEB): The NEB did not include project-related tanker traffic in its review and they failed to consult Indigenous peoples and First Nations as set out by the Supreme Court. The FCA has effectively halted all construction and progress on TMX. In order for the project to proceed, there are a number of different options.

Click here to read more:  Cardinal Update – September 2018

Read more from Investment Reviews

Comments are closed.