Trans Mountain Pipeline

TMX is scheduled to be completed by year’s end and will open as a project that could not be more ill-suited to this moment in history.

Canadian oil and gas companies are expected to increase spending in 2023, but analysts say it will be another year of modest growth and not a return to boom times.

TC Energy Corp. is expecting what it calls a "material increase" in the cost of its Coastal GasLink pipeline project.

Finance Canada won’t confirm whether it will consider forgiving Trans Mountain’s massive public debts at the expense of taxpayers, despite ample indications that loan forgiveness is inevitable.

Trans Mountain will not have to come up with an additional $1.1 billion to cover the cleanup costs of possible oil spills from its expansion project, the Canada Energy Regulator has decided.

Pausing Trans Mountain pipeline construction at a Hope, B.C., river crossing would have only increased the risk to salmon later, as they arrive in greater numbers in late August and into September, the Department of Fisheries and Oceans (DFO) told Canada’s National Observer.

Four B.C. MPs are urging the federal government to halt the construction of the Trans Mountain pipeline and expansion project at least until salmon have finished spawning. The call comes after environmental group Protect the Planet documented salmon dying near a Trans Mountain worksite in Hope, B.C., last week.

TMX was always a financial loser. That’s why Kinder Morgan bailed. But now it is more than a financial basket case, writes Elizabeth May.

If the finance minister really wanted to show us that she understands and is ready to lead on the climate emergency, what would she do? asks columnist Seth Klein. He has a few suggestions.

The Crown corporation says the area will not be cleared until there's confirmation from a wildlife resource specialist that no nests are active, which would be the end of nesting season.

When Trans Mountain's new pipeline and facilities are ready to operate, the company says "a slight increase" to its $1-billion liabilities plan for the existing pipeline will be sufficient to cover the risk of an oil spill on either the current line or its new counterpart.

MPs fired scathing remarks at Finance Minister Chrystia Freeland on Thursday over the federal government’s decision to put $10 billion in taxpayer dollars on the line to finance the Trans Mountain pipeline expansion project.

Lloyd’s of London syndicate Aspen Insurance announced April 21 it will cut ties with Trans Mountain when its insurance policy expires this summer, making it the 17th company to do so.

Canada’s financial watchdog says the federal government is “very unlikely” to recoup its $4.5-billion investment in the Trans Mountain pipeline now that the project’s costs have soared by 70 per cent.

"We pride ourselves on being climate leaders, yet we have been highly resistant to tackling our role as global producers of fossil fuels," writes Seth Klein.