Financial Turbulence for Trans Mountain Expansion: From $7.4 Billion Estimate to $30.9 Billion Reality

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