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Money Canadian Competition Bureau clears Pembina's Kinder Morgan buy

08:35  21 november  2019
08:35  21 november  2019 Source:   reuters.com

Scammers 'spoofing' more than a dozen federal government departments to defraud Canadians

  Scammers 'spoofing' more than a dozen federal government departments to defraud Canadians Scam artists are using phone numbers from more than a dozen federal government departments to defraud Canadians — making it look as if the calls are coming from legitimate government agencies and police departments — CBC News has learned. Some of the calls tell potential victims that their social insurance numbers have been compromised. Others are told that they owe the government money and are in legal trouble.To deceive potential victims who examine the numbers on incoming calls, the scammers "spoof" their calls so that they display the phone numbers of the relevant federal government departments.

Pembina Pipeline Corp. says the Canadian Competition Bureau has signed off on its .3-billion deal to buy Kinder Morgan Canada Ltd. and the U. S . portion of Pipes are seen at the Kinder Morgan Trans Mountain facility in Edmonton on April 6, 2017. THE CANADIAN PRESS/Jonathan Hayward.

Pembina ' s deal follows an unsolicited bid for rival Inter Pipeline Ltd, highlighting growing interest in. Nov 20 (Reuters) - Energy company Pembina Pipeline Corp said it has received approval from the Canadian Competition Bureau on Wednesday, to buy Kinder Morgan Canada Ltd .

a sign in front of a fence: Kinder Morgan North 40 facility in Sherwood Park, Alberta © Reuters/CANDACE ELLIOTT Kinder Morgan North 40 facility in Sherwood Park, Alberta (Reuters) - Energy company Pembina Pipeline Corp said it has received approval from the Canadian Competition Bureau on Wednesday, to buy Kinder Morgan Canada Ltd .

The company said the approval satisfies the last regulatory condition necessary for the deal to close.

In August, Pembina Pipeline had agreed to buy Kinder Morgan Canada and the U.S. portion of the Cochin pipeline for C$4.35 billion ($3.27 billion), bulking up its storage resources in Canada.

Pembina's deal follows an unsolicited bid for rival Inter Pipeline Ltd , highlighting growing interest in the midstream business of transporting and storing crude.

The deal is expected to close next month, and is contingent on approval by Kinder Morgan Canada shareholders at a special meeting scheduled on Dec. 10.

(Reporting by Shradha Singh in Bengaluru; Editing by Rashmi Aich)

Trans Mountain to start construction on pipeline expansion .
Trans Mountain Corp. is preparing to officially start construction on its pipeline expansion after years of delay. On Tuesday, Trans Mountain president and CEO Ian Anderson, federal Natural Resources Minister Seamus O'Regan, provincial Energy Minister Sonya Savage, as well as representatives from local governments and the Enoch Cree Nation will officially mark the start of construction at an event near Acheson, Alta., west of Edmonton.

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