Energy East hearings interrupted in Quebec by protesters

Quebec’s provincial hearings into the Energy East pipeline proposal began Monday, after being delayed about 15 minutes by singing and chanting protesters who say the project would be bad for the environment.

See Full Article

Energy East would bring a million barrels per day of crude oil from Alberta and Saskatchewan through an existing pipeline to Montreal, and on to a refinery in Saint John, N.B., through 650 kilometres of new pipe.

TransCanada, the company behind the $15.7-billion project, argued that its plan is much safer and more environmentally friendly than the alternative: transporting oil by rail.

Louis Bergeron, Energy East's vice-president for New Brunswick and Quebec, also said the project “will bring a major reduction of foreign imports of oil into refineries in Eastern Canada,” including those in Quebec.

Conservative MP Gerard Deltell made similar arguments on his Facebook page, where wrote that there are already approximately 2,000 km of pipelines already in Quebec, including nine that cross the St. Lawrence River.

“Did we ever see a black tide?” he wrote in French, while pointing out that one of the pipelines dates all the way back to 1941.

Deltell pointed out that the oil Quebec currently uses often comes by boat from foreign countries. “Why send our billions of dollars overseas when they could stay here in Canada?” he wrote, adding that the project will create 3,000 jobs in Quebec alone.

Among those who have stood against the pipeline is Montreal Mayor Denis Coderre, who has said he has concerns about the cost of an oil spill.

Coderre said the pipeline company needs to “redo their homework.”

Coderre and Quebec’s Liberal government have faced anger from those who say they are interfering with federal jurisdiction.

Quebec has promised that the hearings will look at both environmental and economic impacts.

They are expected to wrap up in November.

With a report from CTV News national correspondent Genevieve Beauchemin



Advertisements

Latest Economic News

  • Trump Organization to check out from Toronto hotel, condo tower

    Economic CTV News
    The entrance to the Trump International Hotel and Tower is shown in Toronto, Wednesday, Dec.9, 2015. (THE CANADIAN PRESS / Graeme Roy) Source
  • Draghi: ECB will be cautious in adjusting stimulus effort

    Economic CTV News
    FRANKFURT -- European Central Bank head Mario Draghi says the bank's stimulus efforts need to be "persistent" even as the economy recovers and that any scaling back of support will come gradually. Draghi's said in a speech Tuesday at an ECB conference in Sintra, Portugal, that "there are strong grounds for prudence" in adjusting the level of stimulus and that any withdrawal of stimulus "will have to be made gradually. Source
  • New Aussie Post boss will get half her predecessor's multimillion pay packet

    Economic CTV News
    CANBERRA, Australia -- The new boss of Australia's postal service will be paid less than half the 5.6 million Australian dollar (US$4.3 million) salary package that made her predecessor Australia's highest-paid public servant. Christine Holgate was named as the new managing director and chief executive officer of Australia Post on a salary of AU$1,375 000 plus a performance pay of up to the same amount, a government statement said Tuesday. Source
  • EU fines Google a record 2.42 billion euros

    Economic CTV News
    BRUSSELS -- The European Union has slapped a record 2.42 billion euro (US$2.72 billion) fine on internet giant Google on Tuesday for taking advantage of its dominance in online searches to direct customers to its own online shopping business. Source
  • Canada could use a $5 coin — and a lot less small change: Don Pittis

    Economic CBC News
    Foonie doesn't really work, so Canadians will have to put on their thinking caps to figure out a name for the $5 coin. As the loonie turns 30 this week, painful though it may be, we must inevitably begin to prepare ourselves to say goodbye to our blue Wilfrids. Source
  • Oilsands, mining companies watch B.C. solar project with intrigue

    Economic CBC News
    After a century of pulling lead and zinc from the Sullivan mine in southeast British Columbia, the energy company Teck recently shut down the operation and began years of restoration work. Some of the land outside the city of Kimberley became a meadow with grass and trees, but it remained tainted after decades of mining activity. Source
  • Several prospective jurors excused from Shkreli case over impartiality

    Economic CTV News
    NEW YORK - Several prospective jurors have been excused from the federal securities fraud trial of an ex-pharmaceutical company executive because they claimed they couldn't be impartial. Jury selection will continue Tuesday morning in Brooklyn. Source
  • Asian stocks move higher after mixed Wall Street result

    Economic CTV News
    SEOUL, Korea, Republic Of - Asian stocks were mostly higher in range-bound trade on Tuesday after Wall Street closed mixed. KEEPING SCORE: Japan's Nikkei 225 rose 0.3 per cent to 20,213.62 while South Korea's Kospi added 0.1 per cent to 2,391.33. Source
  • Global shares mixed, awaiting cues from central bankers

    Economic CTV News
    SEOUL, Korea, Republic Of -- Shares slipped in early European trading and were higher in Asia on Tuesday as investors awaited remarks by the U.S. and European Central Bank chiefs. KEEPING SCORE: Germany's DAX dropped 0.9 per cent to 12,657.32 and the CAC 40 of France lost 1.1 per cent to 5,240.43. Source
  • 'Like bombs': Bankrupt company's air bags still out there

    Economic CTV News
    Takata's lethally defective air bags proved to be the company's undoing Monday. But it could take years to get the dangerous devices off the road in the U.S. and around the world. Crushed by lawsuits, fines and recall costs, the Japanese auto parts supplier filed for bankruptcy in Tokyo and Delaware and will sell most of its assets for $1.6 billion to a rival company. Source