October 21, 2024
CALGARY – Nearly six months after its opening, the Trans Mountain pipeline expansion is boosting Canada’s energy sector as promised — but questions still linger about who will pay for the project’s massive cost overruns.
By a variety of measures, the expensive and contentious pipeline project is bearing fruit as more Canadian oil reaches the West Coast to be shipped to export markets.
The Trans Mountain pipeline carries crude oil from Alberta to the B.C. coast. Its expansion, which opened May 1, tripled the capacity of the existing pipeline, adding an additional 590,000 barrels per day of shipping capability.