Canadas government said Tuesday it will take over a controversial pipeline expansion project to ensure it gets built over the fierce opposition of environmental activists and a regional government.
Ottawa will pay Kinder Morgan Can$4.5 billion ($3.5 billion) for the Trans Mountain pipeline, which is to move 890,000 barrels of oil a day from landlocked Alberta to the Pacific coast for export overseas, Finance Minister Bill Morneau told a news conference.