The Daily Chase: Imperial CEO says skepticism growing on Trans Mountain

BNN Bloomberg

“We’ll believe it when we see it.” That’s how Imperial Oil CEO Rich Kruger described the degree of skepticism in the energy industry about Canada’s ability to build the Trans Mountain expansion, or add any new pipelines for that matter. “We need expanded access and if you ask me to bet on exactly when, I’m not quite as confident,” he told BNN Bloomberg. See the full interview here. Should point out Paul Bagnells’s guest co-host on The Street, Kash Pashootan, basically said it was fine and dandy for Kruger to be calm and measured in his interview with Greg Bonnell, but “the fact of the matter is it’s been a bloodbath for investors.”

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