Oil begins moving on $34 billion Trans Mountain pipeline expansion

The Trans Mountain pipeline expansion, a major Canadian infrastructure project, cleared a significant hurdle despite numerous delays and legal challenges. Now federally owned, the project aims to transport bitumen from Alberta to the west coast. Calgary Herald columnist Chris Varcoe discusses with Dave Breakenridge the economic implications for Canada and Alberta, the project's troubled progress, and its impact on future infrastructure projects.
Background reading:Varcoe: 'We landed the plane': Inside the story of turbulence and triumph to complete the Trans Mountain expansion (calgaryherald.com/opinion/col...)
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[@svenhodaka9145]

Fantastic! Let’s go now.

[@spyderativ2438]

I wonder who are the contractors and how it was handled. 6 years delay and 5 x cost increase I can’t believe no misappropriation occurred

[@solarlight10]

So sick of these massive gov't projects. It's just seems to be one big license to steal and launder tons of money. Look at the 9B railroad project in California. People just let it slide though, everyone shakes there head and the theft continues. Accountability is starting to lose it's meaning

[@debinbc]

IRVING STEEL‼️

[@janerichards3868]

Just need to boot out the NDP in BC to avoid more confrontations with energy deniers. We need an educated, reliable provincial administration to keep things moving. Let’s make it happen BC. Vote Conservative.

[@AllRequired]

"Hey, BC, guess what? Free money!"

[@jasonwilliams8016]

Never gonna happen. What we need is a BC Premier that will put an end to this pipeline once and for all.

[@albertplumer]

Do we have BC ferries bonds, sold them all , destroyed two ferrys built by union workers, ah conservatives in West Vancouver. Perhaps hold the 30 year bonds at 6%perannum.

[@russguppy8761]

I can’t believe it was finished. I never thought the liberals would EVER get it going

[@charlesvincett84]

It is not Bitumen in the pipeline...

[@user-qs3mh4pp3b]

Right, in pipeline will flow bitumen from oil sand mixed with solvent imported, so the export will be marginal. The oil export will help oil importing countries and will consume natural gas used domestically, and higher price will pay citizens for energy to heat homes.

[@charlesvincett84]

@user-qs3mh4pp3b Yes, it is called dilbit..Diluent and Bitumen. The pipeline will also batch different grades of LVP hydrocarbons.

[@svenhodaka9145]

Canada has the envious predicament of having abundant resources that the whole world needs. We can choose to develop the resources responsibly and prosper from the wealth acquired by the export or we can leave it all in place and be crushed by taxation required to pay for government programs and services. It’s our choice folks. 🤔🇨🇦🙂

[@AllRequired]

Just one problem: Singh.

[@jasonwilliams8016]

I chose neither option, we'd have billions more for services if we didn't provide so much corporate welfare to the O&G industry, among others.

[@svenhodaka9145]

@@jasonwilliams8016 Oil and gas is the main source of energy throughout most of the developed world and is the envy of the developing nations. Better off appreciating what we have than demonizing the O&G industry. Just sayin’ 🤷‍♂️

[@jasonwilliams8016]

@@svenhodaka9145 we've got export capabilities for all fossil fuels. We're developing our natural resources, with a current focus on minerals. I'm very thankful for everything Canada provides me. As for "demonizing" the oil and gas industry, it's not as though they've got a squeaky clean history or anything. As one of the most profitable industries ever they really shouldn't need any subsidies or government assistance.

[@svenhodaka9145]

@@jasonwilliams8016 Good to know. We’re aligned. Have you got any concept of the cost and risk involved in developing major projects? The government NEEDS to create economically favourable conditions to attract big industry. Look what’s happening with battery plants in Eastern Canada today. Every industry is supported at some point.

[@Talksin403]

Let's pretend you have to spend 2000 a year on carbon tax . In order to pay for that cost, you have to work more and that increases emission . Even if the work you do doesn't require machines . Work generates emissions and carbon tax requires work to pay for. Unless you have a expense account paid by someone else.

[@edgar-edgarton]

You forgot about the delays from eco-activists like *Liberal* Steven Guilbeault.

[@donaldliard6054]

We would need a new pipeline going through Quebec going to east coast also and a government pro oil and gas. Could reduce debt then taxes and control our borders like before only needed immigrants. Not a free for all.

[@crhu319]

Total waste and stranded asset in a collapsing market. Criminal.

[@CHodgy]

Another scam! How many years before it pays for itself? Is it made from diamond encrusted titanium??