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Canada’s $34 Billion Bet: Trans Mountain Pipeline Begins Operations




Canada has launched a new Trans Mountain pipeline, marking a significant expansion in its oil transport capacity. This $34 billion project, initially estimated at $7.4 billion, triples the system’s capacity to 890,000 barrels a day, surpassing the proposed Keystone XL. Despite challenges like cost overruns and environmental concerns, this development diversifies Canada's oil market access, potentially reducing dependency on U.S. refineries. Critics argue the investment could have supported substantial green initiatives, but proponents see it as vital for economic growth. The pipeline, now state-owned, could soon offer sales shares to Indigenous communities, highlighting its complex impact on Canada's energy and environmental policies.






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