Thatcher jumps to mind for me when it comes to pipelines: “Being powerful is like being a lady. If you have to tell people you are, you aren't.”
Enbridge Line 3 is being built, expected to open next year.
Keystone XL has hit another snag. (It's not just Canada!)
Energy East is dead; a sizable support package Alberta had pledged for it was basically moved to KXL. (Same builder.)
Maybe it was the straw that broke the camel's back, but that camel was carrying a lot of straw already.
The alternative was not buying it and seeing it die.
I get the sense Trudeau has avoided putting a firm deadline on consultation to avoid accusations it's hollow.
You don't spend C$4.5B to buy a pipeline to kill its expansion, when you could have killed it for free.
This was due to a bunch of things, but basically too much oil, not enough capacity.
Alberta also, needless to say, is a big driver of the Canadian economy. Canada sells a lot of oil, and rakes in more $ when it can sell it for a higher price.