Kinder Morgan Canada says Trans Mountain on track for September construction start

Kinder Morgan Canada says it is still on track to start construction of the Trans Mountain expansion project in September, as it released its first quarterly results since going public in May.

Company president Ian Anderson said in a news release the company is making progress on construction agreements and that he looks forward to continuing to work with the provincial government.

The company's financial results came out a day after NDP Premier JohnHorganwas sworn in at the B.C. legislature. The NDP has vowed to use all tools available to stop the project.

• Kinder Morgan Canada says Trans Mountain moving forward after extensive review
• Kinder Morgan Canada shares fall in debut amid political uncertainty in B.C.

Speaking after the ceremony on Tuesday,Horgansaid the government will be briefed on the status of the legal cases against the pipeline and will be talking to the various ministries responsible for permitting the project.

The Trans Mountain expansion already has all of its major regulatory permits in place, but analysts have noted that the NDP provincial government could disrupt the project by delaying minor permits like highway access.

The twinning of the Trans Mountain pipeline would nearly triple the capacity of the 1,150-kilometre line running from Edmonton toBurnaby, B.C. to 890,000 barrels of oil per day.

• MORE ALBERTA NEWS|Wildfire near Alberta border creeps within 2 km of Sunshine Village
• MORE ALBERTA NEWS|Destruction of Bear 148 'remains on the table' as problem grizzly again spotted near Canmore