We are luckyWith a liberal minority "government" backed by the fcking NDP, the TransMountain will be the very last pipeline ever built in Canada. BUt that one should still get done, because if you look at the election map, just about all of western Canada is Tory blue, even all of the resource areas of BC. To ignore such a huge part of Canada would be a huge mistake for Mr. Dressup. But after that, we are done growing our oil production.
But, PIPE's main products are condensate and natural gas.
Condensate will continue to be is short supply, and with the regulatory changes to how the nat gas distribution and transmission system works, natural gas prices should be a lot more stable going forward, and LNG Canada continues to get built.
So any investment in condensate-rich natural gas should be one of the better places to put one's money, especially considering how low the valuations are these days.