As decision time approaches, most of us know the government of Canada to enable the flow of more diluted bitumen through the most populated region of British Columbia. The cost, in terms of the Liberal party’s political future in this province, could be great. A recent Insights West poll found that 64% of the people who voted for them in the last election oppose the pipeline. One of their own MP’s made the public appeal, “I ask you to listen to the collective wisdom of British Columbians.” Thousands are protesting anticipated approval of Kinder Morgan’s pipeline expansion.
Vancouver’s real estate values have skyrocketed 280% since 1986, while wages have only increased 7%. A new report shows the affordability crises impacts both renters and homeowners. The average westside home was selling for $1.4 million last May. Though 10,800 housing units have been empty for more than a year, 1 only about 337 available as rentals. 2 This suggests that speculators own many of the vacant units. City staff recommend taxing Vancouver’s empty homes.
With Alberta’s economy stalling, Premier Rachel Notley “needs” a pipeline to transport diluted bitumen from the oil sand to export terminals on the coast. She is “interested in both the proposed expansion of Kinder Morgan’s TransMountain line,” through British Columbia’s most populated area, and an Energy East pipeline to the Atlantic Coast.” According to Natural Resources Minister Jim Carr, her pitch to the federal cabinet members on retreat in Banff received a standing ovation. Only the proposed Trans Mountain expansion is not popular in B.C. and now there is news of Vancouver talking pipelines with Trudeau. Continue reading Vancouver Talking Pipelines With Trudeau→