Kinder Morgan to halt its spending on Trans Mountain pipeline

Kinder Morgan announced Sunday they are halting all “non-essential activities and related spending” on the Trans Mountain pipeline project due to B.C. opposition.
The company has said it will take until May 31 to consult with stakeholders to determine whether the project will be permitted to continue construction through B.C. and whether shareholders can be protected.
“As KML has repeatedly stated, we will be judicious in our use of shareholder funds,” said Kinder Morgan