OTTAWA—If Kinder Morgan wants to abandon plans to build the Trans Mountain pipeline expansion, there are plenty of other investors out there willing to take up the cause—and they will have the backing of the federal Liberal government, Finance Minister Bill Morneau says.
The government is willing to “provide indemnity” to any investors, be they the project’s original architects or otherwise, to ensure the controversial Alberta-B.C. project is able to proceed, Morneau told a news conference on May 16.