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Friday May 18, 2018

May 17, 2018 by Graeme MacKay

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Friday May 18, 2018

Morneau says government willing to compensate Kinder Morgan against political delays

Canada is willing to write Kinder Morgan — or anyone else who steps up to the plate — a cheque to ensure the Trans Mountain pipeline expansion gets built despite British Columbia’s opposition, Finance Minister Bill Morneau said Wednesday.

Morneau said the federal government is willing to compensate the pipeline’s backers for any financial loss due to British Columbia’s attempts to obstruct the company’s Trans Mountain pipeline expansion.

“The indemnification would allow Kinder Morgan to finish what they started, what they received federal and B.C. approval to do,” he said Wednesday morning during a news conference that laid out in broad terms what his government is willing to do to move the project ahead.

Morneau’s statement came just hours before Kinder Morgan Canada’s stakeholders met in Calgary, and offers the company an incentive to proceed with the project just weeks ahead of its potential drop-dead date. Kinder Morgan has threatened to abandon the project if a clear path forward isn’t reached by May 31.

“As a government we need to ensure that the rule of law is respected and that investors have the certainty needed to complete the Trans Mountain expansion project, because it’s in the national interest to do so,” Morneau said.

Morneau said that if Kinder Morgan bails on the project, the government would reimburse any financial losses related to B.C.’s political opposition incurred by any other investor willing to take the project on — as long as reimbursement is “sound and fair and beneficial for Canadians.”

Morneau wouldn’t say if there’s a limit to how much the government is willing to spend to compensate the pipeline’s backer. (Source: CBC)

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Thursday February 25, 2016

February 24, 2016 by Graeme MacKay

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Thursday February 25, 2016

The rising price of driving

Gas prices in Ontario will rise about 4.3 cents a litre and residential natural gas bills will go up about $5 a month under the Liberal government’s cap-and-trade plan.

Premier Kathleen Wynne said she expects the program won’t increase electricity costs for the industrial and commercial sectors. She revealed economic impacts Wednesday, a day before her government introduces its budget, which is expected to include more details about carbon pricing.

“The cost of doing nothing is much, much higher than the cost of going forward and reducing greenhouse gas emissions,” she said. (Source: CP)

Meanwhile, Hamilton is in the midst of a $10-million-plus installation of cameras on the Red Hill Valley Parkway and at hundreds of major city street intersections in order to allow better signal and traffic control in emergencies.

But it turns out those cameras can track speeding cars, too.

Not enough to send you a ticket — the city deliberately chose an image resolution for the cameras that is supposed to be too low to allow eyeballing of your face, licence plate or curtainless bedroom window.

But the cameras are capable of tracking vehicle speed and speeding trends over time, said councillor and police board chair Lloyd Ferguson — and that could help police “focus enforcement where and when it’s needed.”

City council formally asked the province to allow photo radar on the Red Hill and Linc late last year after a consultant suggested a troubling spike in parkway collisions was due in part to chronic speeding. Toronto has made a similar request to use the contentious technology to save on policing costs. (Source: Hamilton Spectator)

Meanwhile, Hamilton Councillors voted to hike the cost of a monthly city parking lot pass by $10 this year, but put off any debate on meter rates until next year.

Temporary exemptions are also in the works for municipal lots in Dundas and on Concession Street, with the possibility of adding Ottawa Street and Kenilworth Avenue at a budget meeting Friday.

In theory, the rate bump should provide the city with an extra $238,000 in revenue — although senior director of bylaw and parking Marty Hazell noted the city will pay about $61,000 of that total for its own employees to park.

Downtown Coun. Jason Farr applauded the lot rate hike as a good first step, but added he’s still interested in a “robust discussion” on the city’s $1 meter rates.

“It’s the cheapest deal in Ontario,” he said. “I think we need to address that if we’re truly trying to encourage more people to get out of their cars and onto the bus.” (Source: Hamilton Spectator)