THeBlueCashew

Diverse Debates => News & Current Events => Topic started by: Herman on May 01, 2024, 11:31:57 PM

Title: Trans Mountain Pipeline Expansion is Finally Finished
Post by: Herman on May 01, 2024, 11:31:57 PM
The golden weld was finished on April 11. The pipeline is filling up and the first exports to Asia will be in the middle of May.

Title: Re: Trans Mountain Pipeline Expansion is Finally Finished
Post by: Herman on May 01, 2024, 11:35:30 PM
The final cost will be about $34 billion which is about five times the original cost when Kinder Morgan proposed it. You can thank Justine for that.

The people of Canada are going to see the benefit for a long period of time in terms of increased taxes and royalties and the like.

This will be the last interprovincial crude oil pipeline ever built in Canada. Maybe all of North America.
Title: Re: Trans Mountain Pipeline Expansion is Finally Finished
Post by: DKG on May 04, 2024, 10:01:17 AM
The Bank of Canada estimates that in the remainder of this year, the addition of Trans Mountain Expansion will add as much as one-quarter of one per cent to the national GDP (not just provincial GDP, but the national figures). That's significant in a year in which the forecast for national growth is only around 0.6 per cent to begin with.

Trans Mountain is good for the Canadian economy, not just Alberta's.
Title: Re: Trans Mountain Pipeline Expansion is Finally Finished
Post by: Oliver the Second on May 04, 2024, 01:47:03 PM

Dammit Herman, I saw Trans and thought it meant tranny  :facepalm: