Federal government faces potential loss if Trans Mountain pipeline sold: PBO

Trans Mountain pipeline is worth less than it cost to build: parliamentary budget office

The Parliamentary Budget Office estimates the Trans Mountain pipeline is worth less than it cost to build, according to an updated financial assessment of the controversial project.

Canada’s New Oil Pipeline Worth Up to $24 Billion, Report Finds

A project to triple the capacity of the Trans Mountain Pipeline still has a high value after massive cost overruns to build it, Canada’s government spending watchdog concluded.

Federal government faces potential loss if Trans Mountain pipeline sold: PBO

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The federal government faces a potential loss on the sale of the Trans Mountain pipeline as it estimates it’s worth less than it cost to build, the parliamentary budget officer said Friday. The pipeline could be worth between $29.6 billion and $33.4 billion, depending on what happens after the initial 20-year contracts expire, the budget watchdog said in an updated financial assessment of the controversial project. Meanwhile, the cost to build …

Federal government faces potential loss if Trans Mountain pipeline sold: PBO – 105.9 The Region

OTTAWA — The Parliamentary Budget Officer estimates the Trans Mountain pipeline is worth less than it cost to build in an updated financial assessment of the controversial project. The budget watchdog says the pipeline could be worth between $29.6 billion and $33.4 billion, depending on what happens after the initial 20-year contracts expire. Meanwhile, the cost to build the pipeline that went into service in May came in at $34.2 billion, drama…

Trans Mountain Expansion Project

Ottawa – Remarks by the Deputy Prime Minister at the Standing Committee on Natural Resources Regarding the Trans Mountain Expansion Project: Our government acquired Trans Mountain Corporation and the Expansion Project in 2018 because we knew it was a necessary investment that would make Canada and the Canadian economy more sovereign and more resilient. I want to highlight four areas ...