Trans Mountain Pipeline’s Profit or Loss for Ottawa Will Depend on Potential Buyers: PBO

A pipe yard servicing government-owned oil pipeline operator Trans Mountain is seen in Kamloops, B.C., on June 7, 2021. Reuters/Jennifer Gauthier/File Photo

Whether the federal government takes a loss or makes a profit from selling the Trans Mountain pipeline will depend on how much potential buyers are willing to offer, says the Parliamentary Budget Officer (PBO).

The current value of the pipeline could range from $29.6 billion to $33.4 billion, according to a Nov. 8 report from the budget watchdog.