The reaction to the Federal Supreme Court's decision to end the Trans Mountain Extension Pipeline Project of Politicians and Stakeholders in Alberta was fast on Thursday.
"It's really sad for Alberta and for Canada, which means business to us," said Richard Masson, senior executive at the School of Public Policy at the University of Calgary and former CEO of the Alberta Petroleum Marketing Commission.
"This kind of delay in building a pipeline means we are selling oil at prices that are very reasonably priced from what we should get."
READ MORE: Children's Morgan is postponing the Construction of the Trans Mountain Pipeline Project Following the Decision
In a unanimous decision of a panel of three judges, the court said the review of the proposal by the National Energy Office was so flawed that the federal government could not rely on its decision approving the proposal Justification for enlargement.
The federal government has failed to conduct meaningful consultations with First Nations before giving the green light to the project.
Alberta's UCP leader Jason Kenney said the federal court's decision was "devastating news" for Canada's economy and for Alberta workers.
"This decision suggests that we can not build a large infrastructure that creates wealth, prosperity and good jobs," Kenney said.
"I believe that the Albertans have the right to be angry and frustrated and have been promised that if we only respect the rule of law and do everything according to the book and if we would pay the CO2 penalty to build a pipeline and get a fair price for our oil, that did not happen, "he said.
"Since last year, the PM has been telling us that he's beating 1000 people, that's essentially a self-contained thing, getting your tools, we're building a pipeline, fishing high, footballing Triumphalism was wrong. "
WATCH: Alberta UCP leader Jason Kenney says Rachel Notley drank" the proverbial Kool aid "on promises about the Trans Mountain pipeline.
Kenney calls on the FBI to appeal immediately against the decision of the Supreme Court of Canada and "prosecute all additional consultations required by the Federal Court"
"This is especially important since everyone Canadian citizen is now a shareholder in the Trans Mountain pipeline, "said Kenney.
"This is not bad for the Canadians. Period."
WATCH: Alberta's Prime Minister Rachel Notley withdraws from the federal climate plan after the court overran the Trans Mountain pipeline has decided