Analysis-Canada may struggle to recoup $26 billion cost of Trans Mountain pipeline | Business Information & News | Westlaw

Analysis-Canada may struggle to recoup $26 billion cost of Trans Mountain pipeline | Business Information & News | Westlaw

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10/12/23 REUTERS 10:10:00
REUTERS
Copyright (c) 2023 Thomson Reuters
October 12, 2023
Analysis-Canada may struggle to recoup $26 billion cost of Trans Mountain pipeline
Steve Scherer; Ottawa Denny Thomas
Nia Williams
Marguerita Choy
Rod Nickel; Winnipeg
(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...
---- Index References ----
Company: NEWHAVEN ASSET MANAGEMENT INC.; Axxcelus Capital Advisory; PEMBINA PIPELINE CORPORATION; TC Energy Corporation; Canoe 'GO CANADA' Income Fund; Cenovus Energy Inc.; TRANS MOUNTAIN CORPORATION
Industry: (Americas Crude Oil (1AM35); Canada Crude Oil (1CA34); Crude Oil (1CR88); Downstream Gas (1DO31); Downstream Oil (1DO72); Energy & Fuel (1EN13); Gas (1GA99); Gas Pipelines (1GA48); Oil & Gas (1OI76); Oil & Gas Pipeline (1OI68); Oil Pipelines (1OI49); Refined Oil Products (1RE10); Refined Products Pipelines (1RE79))
Region: (Alberta (1AL33); Americas (1AM92); Canada (1CA33); North America (1NO39))
Language: EN
Other Indexing: (Stifel Canada; Chinook Pathways; Western Indigenous Pipeline Group; Newhaven Asset Management; Axxcelus Capital; Pembina Pipeline Corp; TC Energy; Canoe Financial; Cenovus Energy; Trans Mountain Corp)
Keywords: energy; Environmental
Word Count: 797
End of Document© 2024 Thomson Reuters. No claim to original U.S. Government Works.