Canada Buys A Pipeline -- May 29, 2018

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Title : Canada Buys A Pipeline -- May 29, 2018
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Canada Buys A Pipeline -- May 29, 2018

Re-posting from last night:
A reader sent me these two links. I was not going to post them until tomorrow, but they need to be posted tonight -- the two stories:

Update coming out of Canada today: from SeekingAlpha. Yup, Warren Buffett bought a railroad, Justin Trudeau bought a pipeline. I.N.C.R.E.D.I.B.L.E. Is there an emoji for that? But apparently only "temporary":
  • Effectively nationalizing the project until an operator can be found, Canada is likely to buy Kinder Morgan Canada's Trans Mountain oil pipeline and its controversial expansion project
  • The Canadian government intend to offload the project as soon as it's guaranteed that it will be built, but it's unclear if other Kinder Morgan assets will be included in any sale


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