Local MP Candice Bergen says the Liberal Federal Government's $4.5 billion pipeline purchase is Justin Trudeau's expensive fix "to a problem he himself created."

She says the Prime Minister has adopted an anti-pipeline policy that has damaged the energy sector, creating an atmosphere of uncertainty among investors. Bergen says since Trudeau came into office, it's estimated Canada has lost $80 billion in energy investment. She notes an oil tanker ban, carbon tax and new regulations that penalize Canadian oil exports have damaged investor confidence and forced companies to abandon future projects.

"Instead he took $4.5 billion and bought a 60 year old pipeline," she says, adding the Kinder Morgan Trans Mountain Expansion pipeline purchase doesn't include any new infrastructure. Extending the pipeline could add another $7 billion.

Instead, she says with low taxes and less redundant regulations projects like Trans Mountain can be built without a burden to the taxpayer.

"We will continue to stand up for Canada's resource sector, and most importantly, the men and women whose livelihoods depend on it," Bergen says.