We knew we were about to get run over by a bus.

We could see it coming. We even knew its number. But that didn’t make it any easier or less painful when it finally hit.

Thus, when the Alberta government formally announced Wednesday it was “terminating its involvement” in the defunct Keystone XL pipeline project, Albertan taxpayers had every right to be outraged at a $1.3-billion hit even though we have known for months that the $1.3-billion hit was coming.