Pipeline Dreams vs Reality | Calgary News

A new TD Economics report casts doubt on the government’s rosy projections for the Trans Mountain pipeline, slashing Canada’s expected economic gain from 0.6% to 0.3% and Alberta’s from 3.5% to 2%—but still calling it a meaningful boost. The $35–44 billion project, aimed at shipping a million barrels daily to Asia, faces headwinds: slowing Asian demand due to EVs and cleaner energy, plus stiff competition from cheaper Russian oil. Alberta presses ahead, hoping for national importance designation this fall and construction by late 2027. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d1a2ed7a02dcb2d6