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Canada's energy regulator green-lit a last-minute change to the Trans Mountain pipeline methodology, paving the way for the $35-billion project to finally get fully built.
Trans Mountain quietly received another $2B loan while it wrote off another $1B off its balance sheet. This, as the project's cost and risk to taxpayers, soars.
Already tens of billions over budget, a dispute over a 1.3-km stretch of construction is standing in the way of the completion of the 1,147-km Trans Mountain pipeline expansion.
The costly implications of an 11th-hour change in construction plans by Trans Mountain for the controversial Trans Mountain bitumen pipeline expansion project.
The costly implications of an 11th-hour change in construction plans by Trans Mountain for the controversial Trans Mountain bitumen pipeline expansion project.