Trans Mountain Corporation CEO Mark Maki appears before the House of Commons natural resources committee on Monday, Oct. 21, 2024.Photo by parlvu.parl.gc.ca

Trans Mountain pipeline cost overruns were 'worth the cost,' CEO tells MPs

Maki told members of the natural resources committee that the pipeline's financial picture has changed dramatically now that it is operational

by · National Post

Trans Mountain Corporation CEO Mark Maki said the Trans Mountain pipeline expansion was “worth the cost” in a Monday appearance in Ottawa, even with the inflated price tag of $34 billion.

Maki told members of a House of Commons committee studying the pipeline that the expansion has been performing “very well” since coming online on May 1, adding that the ball is now in Ottawa’s court to ensure that taxpayers get a fair return on their investment.

'How quickly do they want to sell?' The Liberals' Trans Mountain drama opens on a new sceneOTTAWA — When Finance Minister Chrystia Freeland delivered her budget speech last month, she gave a nod to the workers on the Trans Mountain pipeline expansion, a $34-billion, government-owned project more than a decade in the making that, after multiple cost overruns and delays, will this month finally begin carrying Alberta oil to the West Coast.Ryan Tumilty, 06 May 2024Jesse Kline: Liberals hold up $34B Trans Mountain boondoggle as example of socialist successAfter more than a decade of jurisdictional squabbling, political grandstanding, activist obstructionism, legal wrangling and bureaucratic delays, the Trans Mountain Pipeline expansion gained final approval earlier this week and began shipping oil on Wednesday.Jesse Kline, 02 May 2024