BCCA is extremely disappointed by the Federal Court of Appeal's Trans Mountain expansion project decision today which undermines Canada’s economy and role on the global stage. This blow to investor confidence comes at a time when BC is already under pressure from new tariffs, taxation, and policy directives.
That the National Energy Board decisions were deemed flawed by the Appeals Court is beyond belief. We can only hope that the federal government’s challenge of this decision to the Supreme Court will clear the way for the project to finally proceed and result in a positive outcome for all Canadians.
We are now in a position of sidelining so many positive aspects of the project: revenues for bridges, roads, schools and hospitals that would benefit our economy and boost global investor confidence in Canada’s resource industries.
It’s a regrettable decision that may set back our country and province decades with a loss of incalculable social and economic benefits.
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