The $34-billion bet on boosting Canada’s economy episode artwork

EPISODE · May 13, 2024 · 19 MIN

The $34-billion bet on boosting Canada’s economy

from The Decibel · host The Globe and Mail

After more than a decade, the Trans Mountain pipeline expansion project (TMX) has finally been completed. One of the country’s biggest infrastructure projects is seen as a major win for Albertan oil producers, with nearly 600,000 extra barrels shipped daily, ready for international buyers.But the future ownership of the pipeline remains up in the air. Many of the issues and questions that delayed the project – concerns over its safety and the environment, fights over Indigenous land rights, long-term economic risks – remain.Jeffrey Jones, The Globe’s sustainable finance reporter, explains the ballooning costs of the TMX and why one of Canada’s top exports is creating tension with its future climate targets.Questions? Comments? Ideas? E-mail us at [email protected] Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

After more than a decade, the Trans Mountain pipeline expansion project (TMX) has finally been completed. One of the country’s biggest infrastructure projects is seen as a major win for Albertan oil producers, with nearly 600,000 extra barrels shipped daily, ready for international buyers. But the future ownership of the pipeline remains up in the air. Many of the issues and questions that delayed the project – concerns over its safety and the environment, fights over Indigenous land rights, long-term economic risks – remain. Jeffrey Jones, The Globe’s sustainable finance reporter, explains the ballooning costs of the TMX and why one of Canada’s top exports is creating tension with its future climate targets.

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The $34-billion bet on boosting Canada’s economy

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This episode was published on May 13, 2024.

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After more than a decade, the Trans Mountain pipeline expansion project (TMX) has finally been completed. One of the country’s biggest infrastructure projects is seen as a major win for Albertan oil producers, with nearly 600,000 extra barrels...

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