So much for production expansion plansTarsand companies like SU, CVE etc. maybe should think twce about any ramps in view of this news. Maybe TMX won't even get completed?
>>>Cost of Trans Mountain pipeline expansion soars 70% to $21.4 billion The federal government said Friday it will not put more money toward the Trans Mountain pipeline expansion in spite of a newly disclosed price tag for the project that comes in 70 per cent higher than expected. Deputy Prime Minister Chrystia Freeland said Friday that Trans Mountain Corporation — the Crown corporation that owns the massive oil pipeline — will need to secure third-party funding to complete the project, either through banks or public debt markets.
https://www.cbc.ca/news/canada/calgary/trans-mountain-pipeline-expansion-calgary-1.6357174