Canadian government to financial back Mackenzie pipeline
Jan
20
20
On Monday, the Canadian government offered $13 billion dollars in support money to the proposed Arctic gas pipeline in a bid to help bolster the Canadian economy.
While Canadian Environment minister Jim Prentice declined to give details about the overall value of the deal to help the backers of the Mackenzie Gas Project, he did say that the money offered to Imperial Oil LTD. and other companies involved would help with the infrastructure of the proposed project, including the building of roads and airstrips. The money would also go to helping with pre-construction costs. more »