Speculation high that Feds will nationalize TC oil pipeline

Canada is said to be ready to effectively nationalize the Kinder Morgan Trans Mountain oil pipeline project in the face of unconstitutional obstruction by the BC NDP government. The speculation to this effect is widely reported Tuesday in advance of a statement expected from the government. According to writers like Josh Wingrove in the National Post, buying the pipeline outright has become increasingly likely and is now the most probable option for the Canadian government. Such a plan is expected to be known perhaps after Tuesday’s cabinet meeting in Ottawa.