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In February this year, the estimated cost of the Trans Mountain pipeline expansion project jumped by more than 70%. When the Trans Mountain Corporation announced the increase back in February, we were told that the government would spend no additional public money on the project. A new report by independent economist Robyn Allan says this is not the case, and that the federal government is hiding the real situation from Canadians. We spoke with Eugene Kung, staff lawyer with West Coast Environmental Law who commissioned the report.
In February this year, the estimated cost of the Trans Mountain pipeline expansion project jumped by more than 70%. When the Trans Mountain Corporation announced the increase back in February, we were told that the government would spend no additional public money on the project. A new report by independent economist Robyn Allan says this is not the case, and that the federal government is hiding the real situation from Canadians. We spoke with Eugene Kung, staff lawyer with West Coast Environmental Law who commissioned the report. read more read less

7 months ago #corporation, #debt, #economics, #expansion, #financial, #mountain, #pipeline, #project, #shell, #tmx, #trans, #viability