Kinder Morgan pipeline: Canadian government to buy project for $4.5bn
by Leyland Cecco in Toronto and agencies from on (#3R6S2)
Finance minister says 'this is an investment in Canada's future' and says pipeline will and must be built
Canada's federal government has announced it will buy a controversial pipeline from the Alberta oil sands to the Pacific coast to ensure it gets built.
The country's finance minister, Bill Morneau, said on Tuesday that Justin Trudeau's government will spend C$4.5bn (US$3.45bn) to purchase Kinder Morgan's Trans Mountain pipeline.
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