July 1, 2014 7:25 pm

Burnaby says National Energy Board pushing pipeline expansion with $136M war chest

The city of Burnaby is sounding another alarm about the proposed expansion of the Kinder Morgan pipeline.

Burnaby mayor Derek Corrigan says the National Energy Board provided Kinder Morgan with a pre-approved $136 million war chest to push its new pipeline through the city.

Critics say under the deal, the company is allowed to offload the cost of developing the project to other firms through a shipping surcharge.

“It says that the system is skewed,” says Corrigan. “It appears the National Energy Board has been doing everything it can to favour the Kinder Morgan application, and going so far as to impose a surcharge on the pipeline to ensure Kinder Morgan was at absolutely no financial risk in making this application.”

 

 

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