PBO says Trans Mountain pipeline to result in net loss for government

OTTAWA – The Parliamentary Budget Officer (PBO) says the federal government now stands to lose money from its investment in the Trans Mountain pipeline. The latest analysis shows the net present value of the pipeline is negative $600 million, leaving it worth about $1.2 billion less than the PBO’s estimate in December 2020. Estimated construction costs of … Continue reading PBO says Trans Mountain pipeline to result in net loss for government