RE:RE:Pipeline TidbitsMaybe Pembina will cough up half and the TMX will cede the othe half to its indigenous partners as a settlement for the residential schools and land misappropriation debacles that have taken place in the recent past. Do not underestimate this government's abillity to come out of this smelling like a rose.
https://www.bnnbloomberg.ca/pembina-forms-indigenous-alliance-in-battle-for-trans-mountain-1.1614632 As I recall Brookfield picked up IPL for 40% premium to their pre-offer market trading price so they could come in with a hammer bid.
Unless Enbridge can pick it up for a song I say stay far far away.
Go Enbridge! ;-)
autofocus111 wrote: Does the TMX crown corp really think anyone is gonna pay full price for this once it's completed> Maybe ENB or TRP can offer to take it off the corp's hands for the estimated amount of the shortfall (since it's sure costs will keep rising until completion)... original estimated cost $12B new cost $21B.... so maybe offer $10B.