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Kinder Morgan Canada Ltd (KML.TO)

KML.TO on Toronto Stock Exchange

16.71CAD
15 Oct 2018
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Latest Key Developments (Source: Significant Developments)

Kinder Morgan Canada Ltd Enters Credit Agreement Establishing C$500 Million Revolving Unsecured Credit Facility
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Kinder Morgan Canada Ltd ::KINDER MORGAN CANADA LTD - ON AUG 31, KINDER MORGAN COCHIN ULC ENTERED CREDIT AGREEMENT ESTABLISHING A C$500 MILLION REVOLVING UNSECURED CREDIT FACILITY.KINDER MORGAN CANADA SAYS NEW CREDIT AGREEMENT PROVIDES FOR MATURITY DATE OF AUGUST 31, 2022 - SEC FILING.  Full Article

Kinder Morgan Canada Says Shareholders Voted To Approve Trans Mountain Pipeline Sale
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - Kinder Morgan Canada Ltd ::KINDER MORGAN CANADA LIMITED - SHAREHOLDERS VOTE TO APPROVE SALE OF TRANS MOUNTAIN PIPELINE AND EXPANSION PROJECT.KINDER MORGAN CANADA - KML SHAREHOLDERS VOTED TO APPROVE SALE OF TRANS MOUNTAIN PIPELINE SYSTEM & TRANS MOUNTAIN EXPANSION PROJECT TO CANADA.KINDER MORGAN CANADA LTD - EXPECT TO CLOSE TRANSACTION AS EARLY AS AUGUST 31, 2018.KINDER MORGAN CANADA LTD - THOSE VOTING IN FAVOR OF SPECIAL RESOLUTION WERE 324,524,791, OR 99.98 PERCENT.KINDER MORGAN CANADA - 87.70 PERCENT OF KML'S SHARES ENTITLED TO VOTE WERE VOTED AT MEETING.  Full Article

Canada 'absolutely committed' to building Trans Mountain pipeline - Finance Minister
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - Finance Minister Bill Morneau, speaking at a news conference::CANADA FINANCE MINISTER SAYS REVIEWING COURT OF APPEAL DECISION ON TRANS MOUNTAIN OIL PIPELINE CAREFULLY.CANADA FINANCE MINISTER SAYS EXPECTS TO CLOSE PURCHASE OF TRANS MOUNTAIN PIPELINE AS EARLY AS FRIDAY, SEES IT IN NATIONAL INTEREST.CANADA FINANCE MINISTER BILL MORNEAU, ASKED ABOUT POSSIBLE APPEAL OF PIPELINE RULING, SAYS HAS NOT REACHED CONCLUSIONS.CANADA 'ABSOLUTELY COMMITTED TO MOVING FORWARD' WITH TRANS MOUNTAIN PIPELINE - FINANCE MINISTER.  Full Article

Scotiabank mortgage sales up 5 percent in latest quarter
Tuesday, 28 Aug 2018 

Aug 28 (Reuters) - Bank of Nova Scotia ::SCOTIABANK CEO SAYS US-MEXICO NAFTA PRELIMINARY DEAL "A SOLID STEP IN THE RIGHT DIRECTION".SCOTIABANK CEO SAYS MORTGAGE SALES UP ABOUT 5 PERCENT FROM A YEAR AGO IN LATEST QUARTER.SCOTIABANK CEO SAYS EXPECTS CANADA TO ACHIEVE NAFTA DEAL WITH U.S. "IN THE COMING WEEKS".  Full Article

Canadian regulator approves changes to Trans Mountain pipeline terminal
Friday, 22 Jun 2018 

June 22 (Reuters) - Canada's National Energy Board said on Friday::CANADA'S NATIONAL ENERGY BOARD APPROVES APPLICATION TO ALTER PLANS FOR BURNABY TERMINAL OF TRANS MOUNTAIN OIL PIPELINE -NEB.CHANGES DESIGNED TO IMPROVE SAFETY AT TRANS MOUNTAIN PIPELINE END POINT -NEB.DECISION AS WELL AS TWO MORE ABOUT RISK ASSESSMENT, QUALITY MANAGEMENT ALLOW START OF CONSTRUCTION AT BURNABY TERMINAL -NEB.  Full Article

Kinder Morgan Canada - On June 14, Co's Unit Trans Mountain Pipeline L.P. Entered Into Non-Revolving, Unsecured Construction Credit Facilities
Friday, 15 Jun 2018 

June 15 (Reuters) - Kinder Morgan Canada Ltd ::KINDER MORGAN CANADA - ON JUNE 14, CO'S UNIT TRANS MOUNTAIN PIPELINE L.P. ENTERED INTO NON-REVOLVING, UNSECURED CONSTRUCTION CREDIT FACILITIES.KINDER MORGAN CANADA SAYS ENTERED INTO CREDIT FACILITIES PURSUANT TO CREDIT AGREEMENT OF UP TO C$1 BILLION - SEC FILING.KINDER MORGAN CANADA SAYS ENTERED INTO CREDIT AGREMENT OF UP TO C$1 BILLION TO FACILITATE RESUMPTION OF TMEP PLANNING AND CONSTRUCTION WORK.  Full Article

Kinder Morgan execs to stay with Canada-owned oil pipeline
Monday, 4 Jun 2018 

June 4 (Reuters) - Kinder Morgan Canada ::PRESIDENT IAN ANDERSON, VP DAVID SAFARI TO CONTINUE WORKING ON TRANS MOUNTAIN PIPELINE UNDER FEDERAL OWNERSHIP-REGULATORY FILING.ANDERSON, SAFARI TO BE PAID $1.5 MILLION RETENTION BONUSES, PAYABLE IN EQUAL PARTS ON JULY 2019, JULY 2020-REGULATORY FILING.  Full Article

Canada's Morneau: will listen to bidders on Trans Mountain pipeline in short-term
Wednesday, 30 May 2018 

May 30 (Reuters) - Kinder Morgan Canada Ltd ::CANADA'S MORNEAU: WILL LISTEN TO BIDDERS ON TRANS MOUNTAIN PIPELINE IN SHORT-TERM; SALE WILL DEPEND ON CERTAINTY OF GETTING IT BUILT.  Full Article

Canada PM says "there is a very strong business case" for the Kinder Morgan Canada expansion
Tuesday, 29 May 2018 

May 29 (Reuters) - Kinder Morgan Inc ::CANADA PM SAYS "THERE IS A VERY STRONG BUSINESS CASE" FOR THE KINDER MORGAN CANADA EXPANSION.CANADA PM TRUDEAU SAYS A LOT OF CHALLENGES TO A PIPELINE DISAPPEAR WHEN THE GOVERNMENT TAKES OVER CONTROL.CANADA PM TRUDEAU, WHEN ASKED WHETHER GOVERNMENT MIGHT NATIONALISE ANOTHER PIPELINE, SAYS WILL 'ALWAYS LOOK AT THINGS ON A CASE BY CASE BASIS'.  Full Article

B.C. Premier says will continue legal challenge to oil pipeline
Tuesday, 29 May 2018 

May 29 (Reuters) - Kinder Morgan Inc ::BRITISH COLUMBIA PREMIER JOHN HORGAN TELLS LOCAL RADIO STATION PROVINCE WILL CONTINUE WITH LEGAL REFERENCE CASE TO RESTRICT CRUDE OIL TO ITS COAST.B.C. PREMIER HORGAN SAYS DOESN'T MATTER WHO OWNS PIPELINE, CONCERNED WITH WHAT IS TRAVELLING IN PIPELINE - LOCAL RADIO.  Full Article

UPDATE 2-Canada won't appeal ruling that overturned pipeline, to consult more

OTTAWA, Oct 3 Canada will not appeal a court ruling that overturned its approval of an oil pipeline expansion project, opting instead for more consultations with aboriginal groups unhappy about the plan, a top official said on Wednesday.