• Slowy@lemmy.world
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    5 days ago

    Does that mean it will be like a crown owned pipeline? Not that privatizing ports is worth a provincial pipeline but that would be an interesting outcome.

    • grte@lemmy.caOP
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      3 days ago

      Potentially, depending on how they choose to finance it. The Trans Mountain pipeline is fully government owned through a crown corp, they could do something similar. Or they could go with a P3 model where they use government funds to make investment more attractive to a private corporation resulting in a privately owned pipeline or shared ownership depending on the specifics of the agreement.

      • John@lemmy.ca
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        5 days ago

        it will be a public funded, money-losing pipeline that subsidizes the profits of the foreign companies that extract 70% of Alberta oil.

        Just like TMX.