trans mountain pipeline

8:16AM
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Pipeline

The unpredictable and shaky trade relationship between Canada and the U.S. further exacerbates the need for new pipelines to tidewater.


2:18PM
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The Canadian Pacific Railroad is the most famous case of federal involvement in infrastructure projects.


11:38AM
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Priming the pump of bad incentives in Canada

B.C. Premier John Horgan says the nationalization of the Trans Mountain pipeline expansion doesn’t allay his concerns.


12:22PM
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Trans Mountain pipeline will benefit Canada—but at a very high price

The Trudeau government’s decision is an admission that Canada’s approval process for major infrastructure projects is broken.


10:59AM
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For much of the summer, the federal government will backstop construction costs by Kinder Morgan, a private firm.


10:07AM
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Trudeau government nationalizes Trans Mountain pipeline project—further proof that Canada is closed for business

In a stunning turn in an already unprecedented saga, Finance Minister Bill Morneau announced this morning that the federal government will buy the Trans Mountain pipeline project from Kinder Morgan for $4.5-billion, essentially nationalizing the project.


2:59PM
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Pipeline expansion project may generate $50 billion in government revenue over 20 years.


2:20PM
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Kinder Morgan stopped all “non-essential spending” on the $7.4 billion project due to regulatory, legal and political barriers.