Analysis: Canada may struggle to recoup $26 billion cost of Trans Mountain pipeline ...Middle East

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Analysis: Canada may struggle to recoup $26 billion cost of Trans Mountain pipeline
Oct 12 (Reuters) – Canada faces an uphill battle to recoup the roughly C$35 billion ($25.74 billion) in taxpayers’ money it has sunk into the Trans Mountain oil pipeline, as uncertainty over shipping tolls and a limited pool of buyers cloud the asset’s unique strategic value. The federal government plans to sell Trans Mountain once a long-delayed expansion to nearly triple the flow of crude from Alberta to Canada’s Pacific Coast is completed early next year. Last month, Ottawa started informal talks with Indigenous communities located along Trans Mountain’s path, an early step in divesting the soon-to-be 890,000 barrel-per-day pipeline. The sale, however, has seen muted interest from other

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