Future Value of Trans Mountain Pipeline Rests on Liberals’ Climate Plans, PBO Says

Future Value of Trans Mountain Pipeline Rests on Liberals’ Climate Plans, PBO Says
Construction of the Trans Mountain pipeline is seen under way in Kamloops, B.C., on Sept. 1, 2020. The Canadian Press/Jonathan Hayward
The Canadian Press
Updated:

OTTAWA—A new report from the parliamentary budget officer says the federal government could end up losing money on the Trans Mountain pipeline if it further tightens its climate policy.

The federal government bought the pipeline, and the unfinished work to increase its capacity by twinning it, in August 2018 for $4.4 billion.