Canadian Government To Buy Oil Pipeline Project for $4.5 Billion

Yale e360
May 29, 2018, 12:09 pm91 pts
The Canadian government announced it will spend $4.5 billion ($3.5 billion USD) to buy the beleaguered Trans Mountain pipeline expansion project. The expansion plan — which would triple the volume of oil being carried from Alberta’s tar sands to an export terminal near Vancouver, from 300,000 barrels a day…

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