The Trans Mountain Expansion Project (TMEP), the infamous Canadian pipeline project significantly over budget that quickly became one of Prime Minister Justin Trudeau’s most costliest mistakes, now owes at least $23 billion to lenders. With the Liberal government not committing any more public funds and construction costs rising, the TransMountain Corporation (TMC) is left with … Continue reading Financial Turbulence for Trans Mountain Expansion: From $7.4 Billion Estimate to $30.9 Billion Reality
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