Overview

• The Parliamentary Budget Office estimates the Trans Mountain pipeline's value between $29.6 billion and $33.4 billion.
• The pipeline's construction cost was significantly higher than initial estimates, reaching $34.2 billion.
• The Canadian government has initiated a two-phase divestment process, starting with Indigenous nations along the pipeline route.
• A dispute over toll charges with oil companies complicates the potential sale, with a hearing scheduled for next spring.
• The pipeline expansion has boosted Canadian oil production capacity, contributing to economic growth in Alberta and nationwide.