Episode

Gov't May Keep Trans Mountain Forever

Podcast
Calgary News Today | 2 Min News | The Daily News Now!
Published
May 12, 2026
Duration seconds
71
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Summary

Trans Mountain Pipeline: A Sovereign Asset for Canada Leaders from Trans Mountain and its federal overseer suggest Ottawa may permanently own the Alberta-to-British Columbia pipeline, considering it a crucial national asset. The pipeline currently transports 850,000 barrels daily, nearing its maximum capacity of 890,000 barrels. Acquired by the federal government for $4.5 billion in 2018, the projects costs have since surged to over $34 billion. With the need for a second West Coast line emerging, Trans Mountain is contributing its expertise to this initiative. The investment is expected to yield returns for Canadian taxpayers, ensuring the pipelines long-term operation. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/0921ce7045a820b8