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Alberta to propose southern route for new West Coast pipeline, sources say (archive.is)
submitted 1 month ago by to c/canada@lemmy.ca
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Because the last time a Liberal PM built a pipeline it was too divisive and costly, this PM will checks notes do exactly the same thing again.

TMX 2: Electric Boogaloo!

Any bets on initial-final cost spread this time?

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[–] 6 points 1 month ago (1 child)

Looks like it's being funded by TMC, so taxpayers again. The private partner is being brought in for their "expertise." No doubt they'll be well compensated for expertise, especially as there's obviously no alternative source of expertise available, especially not with a TMC in the lead after they built TMX.

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  • [–] 1 point 1 month ago (1 child)

    so taxpayers again

    It's a Crown corporation, so taxpayer funding should be minimal, but it seems there are mechanisms for them to receive loans from the Ministry of Finance, which is a shame.

    If due diligence is actually done, I would still predict that this thing fizzles out in a few years without actually getting built.

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