ANNOUNCED AS TEMPORARYNo
The province of Alberta will provide support in the form of a backstop that would be called upon in unforeseen circumstances. “Alberta’s contribution would range from zero to a maximum of $2 billion,” according to a provincial press release, “and would be payable only upon completion of the project. If Alberta’s backstop is called upon, Alberta will receive equity in the completed project.” Can$2 billion is equal to US$1.55 billion.
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