• Canadian News, Politics & Policy, Business & Finance
  • Source: The Post Millennial
  • 09/03/2022

Trans Mountain to put first pipe in the ground

Construction is set to begin on the first section of the Trans Mountain pipeline expansion.

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Ali Taghva Montreal QC
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Construction is set to begin on the first section of the Trans Mountain pipeline expansion.

According to the Globe and Mail, Trans Mountain Corp. will begin to lay pipe near Edmonton as the delayed project finally moves towards construction.

The progress could help ease some friction between Alberta and the federal government, although this could once again be constrained should environmentalists begin another campaign to stop pipeline growth.

The Trans Mountain pipeline expansion will triple the current capacity and allow for more oil to make it to both export markets in Vancouver and refineries in the United States.

Currently, the multiple organizations believe Canada loses from 50-70 million per day as a result of lacking pipeline infrastructure.

Saskatchewan’s Finance Minister Donna Harpauer has said in a 2018 interview with the CBC, that if current discounts continued, her province’s industries would stand to lose about $7.4 billion in revenue.

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