Mr. Chair, there is no question that the project is commercially viable. That is why Kinder Morgan has been willing to invest billions upon billions of dollars into completing the expansion that it initiated.
The finance minister said earlier tonight that indemnification was something regular in business transactions, but of course it has not been regular, standard, or required to build pipelines in Canada until these Liberals came to power. They are destroying the energy sector, now claiming that the only possible solution to get an expansion that has already been approved is through a direct equity stake, putting taxpayers on the hook, or investing pension funds or some sort of insurance plan or backstop, about which he continues to refuse to be accountable and transparent to Canadians.
Could the minister at least provide an answer on who will pay? Does he expect taxpayers to foot the bill for a direct equity stake in Trans Mountain, or will the minister gamble pension funds or will he do both of those things?