Trans Mountain Pipelines Receives Massive Subsidies

[Jim Blake]

Trans Mountain Pipeline has received 320 million dollars in subsidies just for THE FIRST HALF OF 2019.

Contributors were of course the Government of Alberta and the Canadian federal Government.

I don't think Trudeau's ideology of returning the "profits" of the Trans Mountain Pipeline back into "Green" Projects is going to happen any time soon if ever.

More political fake news. Think CBC will fact check this??????????????

[Big Grey Wolf]

More diversion from real issues, we need to get our oil to tidewater and real world market. Initial capital investment needed to get major projects started. Syncude took major investment from Alberta, Ottawa and Ontario gobberment.

[liar]

most seem to agree that we need access to global markets via tide water. what the heck is kenney doing in texas ? is he trying to convince e&p companies to come invest in alberta where we they are sure to loose money ?

[CNP]

Originally Posted by Jim Blake

Trans Mountain Pipeline has received 320 million dollars in subsidies just for THE FIRST HALF OF 2019.

Contributors were of course the Government of Alberta and the Canadian federal Government.

I don't think Trudeau's ideology of returning the "profits" of the Trans Mountain Pipeline back into "Green" Projects is going to happen any time soon if ever.

More political fake news. Think CBC will fact check this??????????????

Subsidies? The fed govt owns Trans Mountain, therefore putting money into it is not subsidizing it.

[Don Andersen]

Originally Posted by Jim Blake

Trans Mountain Pipeline has received 320 million dollars in subsidies just for THE FIRST HALF OF 2019.

Contributors were of course the Government of Alberta and the Canadian federal Government.

I don't think Trudeau's ideology of returning the "profits" of the Trans Mountain Pipeline back into "Green" Projects is going to happen any time soon if ever.

More political fake news. Think CBC will fact check this??????????????

Interest on borrowed money to buy existing line $211,500,000 each year.
Interest in borrowed money to build expnasion $ 423,000,000
Total $634,500,000
Royalty realized by Alberta $150,000,000

What a deal?

Don