Would you advise a client to invest in TransMountain?

Survey reveals what Canadians think of the government’s decision

Would you advise a client to invest in TransMountain?

If you were advising the Canadian government on its financial decisions, would you have backed its decision to invest in the TransMountain pipeline project?

A poll by Angus Reid Institute has found that Canadians are split on whether the government made the right choice or not (37% each) while 26% are unsure.

Of those who think that buying the project from Kinder Morgan was the right decision, 66% said they believe the project will be a good investment for Canadian taxpayers.

Half of those who back the government said it had no choice but to buy the project and 41% thought it was necessary to protect Canada’s reputation as a reliable place to do business.

Around two thirds of those who oppose the decision think that it sets a bad precedent for future resource projects; 42% don’t agree with the project itself; and 39% said that the government paid too much for it.

British Columbia residents mirror the national average on opinions of the government’s decision to buy TransMountain – 38%say it was right and 38% say it was wrong. Half of Alberta residents (51%) say the Liberals got it right while 28% disagree.