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29 views • May 17, 2018

Trudeau says NAFTA uncertainty not stalling investment in Canada

Purtina Wang
Prime Minister Justin Trudeau says the U.S. business community is showing plenty of interest in investing in Canada despite doubts around NAFTA and the Trans Mountain pipeline expansion. (May 17, 2018) SOUNDBITE: Justin Trudeau, prime minister PLACELINE: New York CREDIT: The Canadian Press STORYLINE: Prime Minister Justin Trudeau says putting federal cash down as an insurance policy of sorts to get the Trans Mountain pipeline expansion built is the result of an exceptional political situation. Speaking in New York City a day after his government announced it would compensate Kinder Morgan for any delays in construction caused by political problems, Trudeau says he has every confidence the pipeline will proceed. Kinder Morgan halted non-essential spending on the project in April because of pending legal questions by the government of British Columbia and the federal government now has just two more weeks to come to an agreement with the company before its May 31 deadline.
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