A Canadian court on Thursday overturned approval of the Trans Mountain oil pipeline expansion, ruling that Ottawa failed to adequately consider aboriginal concerns, putting the future of the C$7.4 billion ($5.71 billion) project in jeopardy. The decision is a blow to Prime Minister Justin Trudeau’s government, which agreed in May to buy the pipeline from Kinder Morgan Canada for C$4.5 billion, and to the country’s oil sector. Oil producers say the expanded pipeline is needed to address bottlenecks that have sharply reduced prices for their heavy crude. The Federal Court of Appeal ruled that the National Energy Board (NEB) regulator wrongly narrowed its review of the project to exclude related tanker traffic. Since that is a major concern of some aboriginal people, the federal […]