The most plausible scenario is that the federal government accepts to de-risk the project so the company is not on the hook for further delays from lawsuits and other disruptive tactics, said retired TransCanada Corp. senior executive Dennis McConaghy.
"It's an exercise in risk off for Kinder, so that these legal risks - something Prime Minister Justin Trudeau can not directly tell the court what to decide - is going to be absorbed by the Canadian government in a fashion that the project doesn't sit and just accumulate (costs) by waiting for all these claims to be resolved", he said.
He said his government will bring in a bill in the coming days that could result in less oil moving to British Columbia.
"The Kinder Morgan Trans Mountain pipeline will never be built". Kinder Morgan announced earlier this month it is suspending the expansion and will cancel it altogether if it doesn't receive assurances by May 31 that no more roadblocks will be thrown in its way. The campaigners say that while Trudeau may be using his European trip to tout his country's "ambitions for fighting climate change", his continued insistence that the pipeline "will be built" proves that his supposed support for the climate rings hollow.
"This crucial resource project will expand export markets for Canadian resources and create thousands of good, middle-class jobs and no one should be standing in the way of those jobs and the families that stand to benefit", Carr said in a statement.
Provincial leaders, meanwhile, have emerged on opposite sides of the issue. The move prompted Alberta premier Rachel Notley to end the ban on importing B.C. wines into the province.
Trudeau declined to discuss the specifics of Ottawa's proposed financial buy-in, saying only that the feds "have engaged in financial discussions with the Kinder Morgan".
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For his part, BC Premier John Horgan has been a vocal opponent of Trans Mountain.
Calendinobrought up the idea of the pipeline being "the saviour of the economy", and asked why the federal government isn't financially backing housing or veterans instead. "He is blowing this into a national crisis because of his mishandling of this file", said Kennedy Stewart, an MP in Burnaby, BC, which recently hosted a march against Trans Mountain.
Alberta oil producers would suffer from the oil embargo, on top of the oil discounts they have been absorbing for years because of insufficient pipeline capacity.
"We have rights as a nation that have not been met or honoured", he said.
Canadians overall are also exhibiting a surge in their pipeline support, according to the poll.
"Alberta has promised to release legislation this week but it's not clear what that's about", she said.
She went on to accuse the prime minister of "risking the health of Canada's rivers and coast, the water supply, and livelihoods of many indigenous people, and undermining the credibility of the Paris climate agreement, all to keep some struggling oil companies in profit".