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

  • The federal government may face a loss if the Trans Mountain pipeline is sold, as its estimated worth is less than the construction cost, according to the Parliamentary Budget Officer.
  • The pipeline's current estimated worth is between $29.6 billion and $33.4 billion, while the construction cost was $34.2 billion.
  • The Parliamentary Budget Officer warns that selling at the estimated value would not cover shareholder equity, resulting in a loss for the government.
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