Did you know that TC Energy, the owner of Coastal Gas Link, is a profitable $68 BILLION company with pipelines in Canada, the US & Mexico?
That Indigenous & farmer/landowner opposition is factored into its business model?
THREAD 1/
#bcpoli #CoastalGasLink #wetsueten
That Indigenous & farmer/landowner opposition is factored into its business model?
THREAD 1/
#bcpoli #CoastalGasLink #wetsueten
TC Energy is not a hapless victim here.
In its last annual report (2018) TC Energy reported $14 BILLION in revenues, and paid out$2 billion in dividends to shareholders in 2019.
Its stock is up 33% year over year.
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In its last annual report (2018) TC Energy reported $14 BILLION in revenues, and paid out$2 billion in dividends to shareholders in 2019.
Its stock is up 33% year over year.
2/
Just among its 20 largest shareholders, I found $16 BILLION in foreign investors.
The so-called “forein-funding” issue is a canard used to discredit dissenters.
In the large context it’s either uninformed or dishonest.
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The so-called “forein-funding” issue is a canard used to discredit dissenters.
In the large context it’s either uninformed or dishonest.
3/
TC Energy (TCE) has been locked in land disputes with Indigenous communities, farmers & landowners for years in North Dakota, Nebraska, Oklahoma, Texas, & Mexico.
The Wet’suet’en conflict is entirely within its ordinary & profitable business model.
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The Wet’suet’en conflict is entirely within its ordinary & profitable business model.
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