Ted Falk on Questions Passed as Orders for Returns

With regard to the government’s decision to purchase the Trans Mountain pipeline and its related infrastructure from Kinder Morgan: (a) what is the breakdown of the $4.5 billion spent on the purchase, including (i) the sum spent to purchase the real pipeline assets, (ii) the sum spent to purchase the rights and easements of the pipeline assets, (iii) the sum spent to pay salaries, (iv) the sum spent to pay legal fees, (v) descriptions and sums of any other expenditures contributing to the $4.5 billion total; (b) what was the rationale for the final purchase being completed before the Federal Court of Appeal’s ruling was issued; (c) what is the explanation as to why the purchase was not made conditional subject to regulatory approval; (d) what is the summary of measures considered in anticipation of how the Federal Court of Appeal might rule; (e) what was the estimated worth of the pipeline in market terms at the time of purchase; (f) what is the date of the most recent evaluation of the condition of the existing pipeline; (g) what was the valuation of the expansion project at the time of purchase; and (h) what is the the current estimated cost to complete the Trans Mountain expansion?