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Canada Considers Selling Trans Mountain Pipeline Stake After Expansion

12/2/2025

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Summary

Story summary

The Canadian government plans to consider selling equity in the Trans Mountain pipeline after maximizing its output, according to Energy Minister Tim Hodgson.
The government acquired the Trans Mountain pipeline in 2018 to facilitate a significant expansion.
The project's costs rose to about C$34 billion.
It opened in 2024 and tripled capacity to move crude oil from Alberta to a port near Vancouver.

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Story summary

The Canadian government plans to consider selling equity in the Trans Mountain pipeline after maximizing its output, according to Energy Minister Tim Hodgson.
The government acquired the Trans Mountain pipeline in 2018 to facilitate a significant expansion.
The project's costs rose to about C$34 billion.
It opened in 2024 and tripled capacity to move crude oil from Alberta to a port near Vancouver.