Canada Considers Selling Stake In Trans Mountain Pipeline To Indigenous Groups ...Middle East

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Canada Considers Selling Stake In Trans Mountain Pipeline To Indigenous Groups
The Canadian government is considering the sale of a stake in the troubled Trans Mountain pipeline project to Indigenous communities. Per a report by Bloomberg, which cited documents from the office of Deputy PM Chrystia Freeland, Ottawa is prepared to fund the sale itself so the communities don’t risk their own money. The news breaks days after Reuters reported that the federal government in Canada had guaranteed some $2.2 billion worth of new loans for the expansion projects, which have encountered cost overruns and delays due to strong…

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