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EventAction

BC and Trans Mountain sign a benefits agreement worth C$25-50 million a year for 20 years

Under the agreement (effective Apr. 6, 2017), BC receives between C$25 million and C$50 million a year for the first 20 years, up to C$1 billion, with more if the project operates longer; above the guaranteed C$25 million, payments depend on the pipeline running at full capacity. It includes a 'British Columbians First' hiring and contracting policy (agreement text; BC release, Apr. 8, 2017).

Date
Kind
Agreement
Where
Canada / British Columbia
Evidence
Action: Something was done: a law switched on, a tariff imposed, money committed. How evidence is weighed
Who
Government of British Columbia (signed)

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