Thursday, Jan. 16, 2020
VANCOUVER, B.C.: The Canadian Taxpayers Federation released the following statement today in response to the Supreme Court of Canada’s rejection of the Government of British Columbia’s challenge to the expansion of the Trans Mountain Pipeline:
“We welcome this swift and clear decision by the Supreme Court of Canada, upholding federal jurisdiction over interprovincial infrastructure such as pipelines,” said Kris Sims, B.C. Director of the Canadian Taxpayers Federation.
“Getting our natural resources to market is essential to the wellbeing of our country as those industries help to pay for the many taxpayer funded programs that we depend on in Canada.”
Based on data from the Parliamentary Budget Office, the CTF has found that by not having our full pipeline capacity to get our Canadian oil to market, our country is missing out on nearly $13 billion in federal tax revenue between 2013 and 2023.
That’s the equivalent of building six brand new St. Paul’s hospitals in Vancouver, or, that lost tax revenue could have paid the full salaries for more than 26,000 new teachers in B.C. for 10 years.
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