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Canada's Finance Minister assuring that if Kinder Morgan decides not to build the Trans Mountain pipeline expansion, other investors will step forward.

Bill Morneau also says the federal government is willing to indemnify the Trans Mountain expansion against unnecessary delays that he says are politically motivated, referring to opposition from the BC government.

"If Kinder Morgan isn't interested in building this project, we think plenty of investors would be willing to take on the project. Especially knowing the federal government knows it is in the best interest of Canadians, and is willing to provided indemnify to make sure it gets done"

This morning's news conference was scheduled ahead of Kinder Morgan's annual meeting taking place today in Calgary.

 

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