Pipeline News: Report Questions Economic Benefit of Kinder Morgan Trans Mountain Project ahead of Mass Arrests

A report released by Simon Fraser University and The Goodman Group Ltd. on November 10th asserts that pipeline company Kinder Morgan has exaggerated the number of jobs to be created by its Trans Mountain Expansion Project and drastically underestimated the potential cost of spills. 

While the company holds that the project will support 36,000 person-years of work for British Columbians, with an additional 2000 jobs in spin-offs, the Goodman Group report estimates a maximum of 12,000 person-years during the construction period – amounting to about 4000 jobs per year. Further, revenues for the province may also be lower than claimed. The Goodman report was released just after Kinder Morgan was granted an injunction on November 14th against a group of residents protesting the Trans Mountain project on Burnaby Mountain. 53 protestors have been arrested as of November 22nd.

Read the Goodman report, Economic Costs and Benefits of the Trans Mountain Expansion Project (TMX) for B.C. and Metro Vancouver. Read “Economists Question Projected Value of Trans Mountain’s Pipeline” from The Globe and Mail. For information about the protests, see “Kinder Morgan Slaps Burnaby Residents with Multi-Million-Dollar Lawsuit” from the Vancouver Observer, and “Kinder Morgan Protests: More Protesters are Arrested as Test Drilling Starts” from the CBC.

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