Pipeline: a fee would reduce dependence on equalization, according to CAQ

m-legault-affirme-quactuellement-sansA fee of several billion dollars on the Energy East pipeline project would enable Quebec to reduce its dependence on equalization, said Tuesday caquiste leader Franqois Legault.

Mr. Legault said that currently, without significant impact, the proposed TransCanada society is unacceptable.

“If Alberta passed the billion barrels in the territory of the CAQ for export, I think it would be normal that Quebec gets billions of dollars,” he has said.

In addition to a fee, the company also needs to minimize the risk of spills to convince the population that the pipeline can pass through Quebec to New Brunswick, as caquiste leader.

Cities in the Montreal area have recently been criticized for opposing the project because of the risks involved.

The Premier of Saskatchewan, Brad Wall, inter alia, invited these cities to repay their share of the $ 10 billion the federal equalization program received by Quebec.

By concluding a meeting of its members, which began Monday, Mr. Legault said that Quebec is not obliged to accept the project because it benefits from this payment, under a calculation which aims to reduce the gaps between Canadian provinces.

According caquiste leader, the Quebec government, however, must be activated to obtain financial benefits.

“We are aims to achieve zero equalization and one way to accomplish this would be to receive royalties on the oil that transits the territory of Quebec, he said. I prefer to negotiate substantial royalties, I speak of billions of dollars rather than equalization. ”

This important project for oil exports from Alberta particular product should also benefit Quebec, said caquiste leader.

“As it stands, the draft is not acceptable, there is almost no impact,” he has said.

According to Mr. Legault, royalties could be shared based on a risk assessment along the pipeline route.

“We should have a great performance and then we could see if a part of the fee should be paid to those who are under more risks,” he said.

In November 2014, the Quebec government, in conjunction with Ontario, set seven conditions for approval of the project, including the demonstration of economic benefits.

Last fall, Prime Minister Philippe Couillard had considered that the absence port in Quebec, a remote part of the plans of TransCanada, complicate the economic impact assessment of the pipeline.

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