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pipeline projecttorontosun
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79% Informative
Taxpayers face potential billions of dollars in losses on the sale of the Trans Mountain pipeline.
The Parliamentary Budget Officer estimates its current value is less than the sum of its assets.
If the pipeline was sold at the values estimated by the PBO , the proceeds would fall short of the government’s equity in the project.
The potential sale price will be influenced by the number of potential buyers.
Trans Mountain is looking to charge higher tolls to offset some of the project’s budget overruns, but oil companies don’t want to be held responsible for construction-related challenges. The Canada Energy Regulator is scheduled to hold an oral hearing on the tolling dispute next spring . Critics say if the CER determines the oil industry should not have to pay for the bulk of the government-owned pipeline project’s cost overruns, then taxpayers will be left on the hook. — With files from Amanda Stephenson in Calgary ..
VR Score
79
Informative language
77
Neutral language
42
Article tone
formal
Language
English
Language complexity
53
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Source diversity
5
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no affiliate links