The Member of Parliament for Battle River-Crowfoot doesn't think much of the government plan to buy the TransMountain Pipeline from Kinder Morgan as a way to get it built.
Kevin Sorenson doesn't believe it sends the right message to industry, to taxpayers or to the rest of the world.
"Industry wants the assurance that the regulations are sufficient that environmental studies can be done, can be addressed and they can get on with doing business," he told Drum FM. "Governments doing anything is usually much too expensive and never as good as the private sector."
"Today's decision really doesn't mean that this thing is going to get built in any timely way," he added. "Yes, Kinder Morgan, that paid $550 million in 2007 sells it for $4.5 billion, but long term we need the private sector building the infrastructure that they need to prosper and succeed."
The Alberta Government is also on the hook for $2 billion, something that Premier Rachel Notley calls an investment in the future equity of the TransMountain Pipeline. Sorenson calls it the price paid when political leaders, particularly Prime Minister Justin Trudeau, aren't willing to take a clear stand.
"It may be a good day that we're getting a pipeline, but the fact the tax payers own it because our prime minister has failed to address the concerns that have been brought over the last few months, that's sad however you cut it," he concluded.

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