Trans Mountain warns regulator of potential 'catastrophic' two-year pipeline delay
BNN Bloomberg
The company building the Trans Mountain pipeline expansion is warning the project's completion could be delayed by two years if the Canada Energy Regulator does not allow a previously rejected request for a pipeline variance.
The company building the Trans Mountain pipeline expansion is warning the project's completion could be delayed by two years if the Canada Energy Regulator does not allow a previously rejected request for a pipeline variance.
In a regulatory filing Thursday, Trans Mountain Corp. said such a delay would be "catastrophic" for the pipeline project, which is currently more than 97 per cent complete. It said a delay of that length would result in billions of dollars of losses for the company, which is a Crown corporation.
"These outcomes would not be in the public interest," the filing states.
