Trans Mountain Expansion generated $12.6B in new revenue
The Trans Mountain pipeline expansion has reportedly boosted Canada's oil industry, generating an estimated $12.6 billion in new revenues and providing a fiscal uplift for governments.
The Trans Mountain pipeline expansion has reportedly boosted Canada's oil industry, generating an estimated $12.6 billion in new revenues and providing a fiscal uplift for governments, according to analysts.
The expanded pipeline, operational in May 2024 after years of delays and cost overruns, has improved market access for Canadian crude, raising prices and increasing export volumes, an Alberta Central report states.
