Trudeau’s Grand Bargain Under Attack After Trans Mountain Ruling

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Canada to Miss Deadline for Quickly Reselling Trans Mountain Pipeline

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Brookfield CEO Says He May Consider Trans Mountain Investment

Brookfield Asset Management Inc., Canada’s largest alternative asset manager, may consider investing in the Trans Mountain pipeline — if it would produce an attractive return. Bruce Flatt Photographer: Patrick T. Fallon/Bloomberg”We look at all infrastructure,” Chief Executive Officer Bruce Flatt said in an interview at the company’s annual general meeting in Toronto Friday. “If there’s…

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Canada Is Already Trying to Sell Trans Mountain

Canada is already sending out marketing materials for the Trans Mountain pipeline it just acquired from Kinder Morgan Inc. to several potential buyers, according to people familiar with the matter. Greenhill & Co., a New York-based investment bank, was the exclusive financial adviser to the federal government on its C$4.5 billion ($3.5 billion) purchase of…

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Hong Kong Needs an Ant to Move This IPO Mountain

It will take an Ant to move this Hong Kong stock mountain. Until recently, Hong Kong was an IPO desert. Issuance had been falling for four consecutive years as investors grew weary of deal after deal from state-owned Chinese firms. That Sinking Feeling Hong Kong listing volumes have been declining since 2014, and are well off 2010…

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Canada to Give Update on Kinder Morgan’s Trans Mountain Pipeline

Justin Trudeau’s government is prepared to take the extraordinary step of reimbursing Kinder Morgan Canada Ltd. for any financial losses if it proceeds with the expansion of an oil pipeline to the Pacific. Finance Minister Bill Morneau said Wednesday he’s prepared to “indemnify” the C$7.4 billion ($5.6 billion) Trans Mountain project against political delays as…

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