Even as costs soar, Indigenous groups still aim to buy Trans Mountain pipeline – Global News
Indigenous-led groups remain committed to pursuing ownership of the Trans Mountain pipeline, even as cost overruns for the pipeline expansion project soar.
Last month, the federal Crown corporation that owns the pipeline revealed estimated construction costs of the expansion have ballooned by 70 per cent to $21.4 billion, up from an earlier estimate of $12.6 billion.
Trans Mountain Corp. also pushed back the estimated completion date of the project from sometime this year to the third quarter of 2023.
