The company building the Trans Mountain pipeline expansion now estimates the project's costs will come in 10 per cent higher than its May 2023 estimate of $30.9 billion.
The company building the Trans Mountain pipeline expansion has been cited for environmental non-compliance related to its management of recent flooding in B.C.
Trans Mountain Corp. had hoped to have the pipeline in service in early 2024 but has run into engineering difficulties related to the drilling of a tunnel in B.C.
The former head of ICBC and economist Robyn Allan told Global News that the ballooning costs are being incurred by a government that preaches environmental responsibility.
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