LeCanadian

Top Menu

  • Login
  • Archives
  • Les Actualités
  • Advertising
  • Sexy Pages
  • Contact Us

Main Menu

  • Home
  • Business
  • Entertainment
  • Foodie
  • Headline
  • Health
  • Editorials
  • Lifestyle
  • Sports
  • UFO · Exopolitics
  • City
  • Sexuality
  • Dating
  • Login
  • Archives
  • Les Actualités
  • Advertising
  • Sexy Pages
  • Contact Us

logo

Header Banner

LeCanadian

  • Home
  • Business
  • Entertainment
  • Foodie
  • Headline
  • Health
  • Editorials
  • Lifestyle
  • Sports
  • UFO · Exopolitics
  • City
  • Sexuality
  • Dating
  • Ottawa International Crafts & Book Expo 2023: An assembly of literary brilliance

  • Diane Descôteaux – Une haïkiste passionnée: Le Salon d’Ottawa

  • Diane Descôteaux – Une haïkiste passionnée: Le Salon d’Ottawa

  • How Canadians can access online casinos through mobile phones

  • Comment gérer un retard de vol ?

Business
Home›Business›Energy East Pipeline Further in Doubt After Panel Quits, Analyst Says

Energy East Pipeline Further in Doubt After Panel Quits, Analyst Says

By admin
September 13, 2016
1722
0
Share:

CALGARY—A bank analyst says the chance that the Energy East pipeline project will be built has fallen to 25 per cent from 33 per cent after members of a regulatory panel were forced to resign last week.

CIBC analyst Robert Hope said in a note to clients that poor prospects have gotten worse for the controversial $15.7-billion pipeline, which would bring about 1.1-million barrels of oil per day from Alberta and Saskatchewan to Eastern Canada refineries and a marine terminal in New Brunswick.

On Friday, the National Energy Board announced its three Energy East panellists had recused themselves following complaints that two of them met with former Quebec premier Jean Charest, a consultant for developer TransCanada at the time, last year to discuss the pipeline.

The Calgary-based regulator also said board chairman Peter Watson and vice-chairwoman Lyne Mercier will not be involved in choosing a new panel to resume hearings at a later date to avoid “an apprehension of bias.”

NEB spokeswoman Sarah Kiley says a new panel will be chosen by a temporary NEB chair from a roster of board members slated to grow with new temporary appointments made by the federal government. She says the new board members are necessary to ensure enough panellists are available to serve who are bilingual.

She added the regulator still hopes to finish its review process by its current deadline of March 18, 2018, but that timeline may be extended if necessary to ensure a thorough review.

Analyst Dirk Lever of AltaCorp Capital in Calgary says the pipeline regulatory process has become so “murky” and “messy” due to political pressure that it’s difficult to say that any pipeline approval can be assured.

Read More..

Post Views: 1,843
Previous Article

The Booming Business of Professional ‘improv-ment’

Next Article

Jays’ post-game Chaos all a Big Misunderstanding

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Related articles More from author

  • Business

    Moat Wants to Change How Video ad Views are Calculated

    November 25, 2016
    By admin
  • Business

    Amazon’s New Product will Revolutionize Grocery Shopping: Teitel

    December 12, 2016
    By admin
  • Business

    Now Open: Poop Café

    December 16, 2016
    By admin
  • Business

    How investors should handle cold stocks in Canada’s hot economy

    July 1, 2017
    By admin
  • Business

    In Fort McMurray, Insurers Face Key Test of Disaster Readiness

    May 10, 2016
    By admin
  • Business

    Tesla Motors to Open Store in Ottawa

    March 28, 2016
    By admin

Featured Petition

  • Bell Baker’s John Summers – Stop a Crime Against Humanity – What would his Mother think?
  • John E Summers: Ottawa Lawyer Attacks Motherhood and Civil Rights – Support His Disbarment
  • Stop Ottawa Lawyer John Summers’, Marcella Carby-Samuels’ & David Tenenbaum’s Ab
  • Week
  • Month

Week

Sorry. No data so far.

Month

Sorry. No data so far.

Popular on The Le Canadian

  1. AgoraCosmopolitan
  2. Ottawa Market
  3. Agora Publishing Consortium
  4. Le Journal Canadien
  5. Dominion: Food News
  6. LeCanadian.com
  7. The Ottawa Star
  8. Capitalistocracy.com
  9. Agora Books Author House
  10. First Nations Press
  11. The Etiquette Show
  12. Ontario People's Front





Mark's



Recent Posts

  • Ottawa International Crafts & Book Expo 2023: An assembly of literary brilliance
  • Diane Descôteaux – Une haïkiste passionnée: Le Salon d’Ottawa
  • Diane Descôteaux – Une haïkiste passionnée: Le Salon d’Ottawa
  • How Canadians can access online casinos through mobile phones
  • Comment gérer un retard de vol ?
  • 5 ways sudoku boosts brain health
  • 10 tips to successfully market your law firm
  • 7 Amazing Gifts for Kids Who Like to Cook
  • Make Mortgage Overpayments Work for You
  • Son shares warning for immunocompromised after fully-vaccinated Tampa Bay dad dies from COVID-19

Most Viewed Posts

No Posts found

Visitors

  • Home
  • Business
  • Entertainment
  • Foodie
  • Headline
  • Health
  • Editorials
  • Lifestyle
  • Sports
  • UFO · Exopolitics
  • City
  • Sexuality
  • Dating