Glacier FarmMedia COVID-19 & the Farm

Global Markets: Feds back Kinder Morgan pipeline appeal

By Commodity News Service Canada
WINNIPEG, Nov. 30, 2017 (CNS) – The following is a glance at
the news moving markets in Canada and globally.
The federal government backed Kinder Morgan Canada Ltd.’s
second appeal to the national energy regulator Wednesday over
local permits for its planned Trans Mountain oil pipeline
expansion, as related public hearings began. Since getting
approval from the federal government last year, the project has
run into roadblocks with lower governments and environmentalist
and aboriginal opposition.
Nearly half of Canadians want the government to push back
the scheduled date for recreational marijuana legalization in
the country, according to a new poll from the Angus Reid
Institute. Forty-seven per cent of Canadians want the deadline
pushed back, with two-thirds of Conservative respondents in
favour of a delay. The majority of Liberal (67 per cent) and NDP
(57 per cent) voters, however, want to keep the current
legalization date.
Virtual currency bitcoin slipped Wednesday after hitting an
all-time high of US$11,395. As of Thursday bitcoin was sitting
at US$9,000, having lost more than a fifth of its value in less
than a day.

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