Canada’s $26 Billion Investment In Trans Mountain Pipeline May Not Pay Off ...Middle East

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The Trans Mountain Expansion Project promised in the 2010s to help Canada’s oil sands producers get their crude to the Asian markets from the Pacific Coast. After years of delays and enormous cost overruns, the expanded oil pipeline currently owned by the federal government of Canada is about to enter into service early next year. The government has never intended to keep its ownership in the project that carries crude from Alberta’s oil sands to British Columbia on the Pacific Coast and which will triple the capacity of the original…

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