Post Tagged with: "Canadian Government"

Skilled Tradespeople of B.C. Hopeful for Trans Mountain Future

Skilled Tradespeople of B.C. Hopeful for Trans Mountain Future

From The Star Amid fierce opposition from all over the province, at least one group of British Columbians is counting the federal government’s purchase of the Trans Mountain Pipeline project as an opportunity. They are the skilled tradespeople who believe the federal government will have to be a more accountable employer for the controversial energy project than Texas-based Kinder Morgan. Kinder Morgan’s plans indicated it would hire or contract thousands of construction workers across Alberta and B.C. to expand the pipeline. But B.C. skilled trades union leaders have criticized the company for not hiring their members, who they argue are the most highly trained and qualified, and instead choosing to contract with companies using both union and non-union construction workers. The International Union of Operating Engineers, which has provided labour for the majority of National Energy Board approved pipeline projects in the last 60 years, has argued Kinder Morgan’s approach would[Read More…]

June 1, 2018 - 3:18 pm Canada, Closing Bell Story, Energy News
Rendering of the future Heartland Complex

Inter Pipeline Building a $3.5 Billion Propane to Plastics Plant with Help From Canadian Govt.

Incentives to draw PetroChem developers was Alberta’s royalty credits Inter Pipeline Ltd. (ticker: IPL) is getting help from the Canadian Government to build a world-scale integrated propane dehydrogenation (PDH) and polypropylene (PP) plant with a price tag of $3.5 billion. The facilities will be collectively referred to as the Heartland Petrochemical Complex, the $3.5 billion superstructure is designed to process 22,000 BPD of propane into 525,000 tons per year of polymer grade propylene. The Canadian government’s participation comes in the form of royalty credits. Canada launched a program in 2016 to create jobs by bolstering the construction of new large-scale petrochemical facilities through offering financial incentives for developers. The Alberta Heartland Petrochemical Complex will benefit in incentives through royalty credits valued at $200 million. In December 2016, a joint venture between Pembina Pipeline Corporation and Petrochemical Industries Company (PIC) was announced. It will receive up to $300 million in royalty[Read More…]