Kenora MP Bob Nault's defending Ottawa's decision to buy the Trans Mountain pipeline.
"There's a lot of discussion going on between the Province of Alberta and British Columbia. There are some legal issues going on. With the uncertainty of it, It seemed to make sense the Government of Canada would take the lead," he said Friday.
The prime minister has said the federal government stepped in, because the private developer was wavering. Kinder-Morgan had given Ottawa a deadline of May 31 for a decision on how to proceed, due to the uncertain future of the project.
Still, Bob Nault says nationalizing the Trans-Mountain pipeline doesn't mean Ottawa's given up on climate change.
"Yes, of course, we are going to eventually move away from carbon -- and the whole issue of that kind of product being used for energy -- but that's a long way away," Nault added.
Nault compared the pipeline to the railway, or the highway, saying they were all undertaken in the national interest.
The MP estimated the loss of about $15 billion a year through lost revenues, due to oil companies selling their oil at lower prices than they could on the open market. The Trans Mountain pipeline is meant to join the Province of Alberta with the Pacific coast, so oil producers can get their oil to markets other than the United States.
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