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Sask. premier agrees with federal government decision on pipelines

Nov 30, 2016 | 4:52 PM

He doesn’t often agree with the current federal government but Premier Brad Wall is thanking it for approving two new pipelines.

Line 3 and Kinder Morgan were given the nod by Ottawa on Tuesday.

Line 3 will have the most impact on Saskatchewan because it runs right through the province.

“It will mean about $1.1 billion in economic impact for Saskatchewan and about $180 million in taxes, which is always of interest to governments,” said Wall.

“Evraz is a great manufacturer of pipe in our capital city and this is an important project for the 1000 people that work out there.”

Kinder Morgan runs on the B.C. coast, which Wall contends will still have an impact on Saskatchewan.

“Any time we get Canadian oil to tide water the differential decreases and remember the differential is the world price that all the world gets and the North American price that we’ve been getting for years which is always less,” Wall explained.

“So we can close that differential, we’ll get more money for the people that own the oil, which is the people of Saskatchewan and Canada.”

Wall acknowledges the safety concerns that have been raised in the aftermath of the Husky oil spill this summer.

But he maintains with the right amount of regulation, pipelines remain safer to the environment, and to safety, than moving oil by rail.

 

Email smills@cjme.com

Twitter @smillsSK