From Delays to Completion: The Controversial TMX Pipeline Expansion Project in Alberta

After more than a decade of construction, the completion of the Trans Mountain pipeline expansion project (TMX) is a major milestone for Alberta’s oil producers. With an additional capacity of nearly 600,000 barrels being shipped daily, Canadian oil is now more accessible to international buyers. However, the future ownership of the pipeline remains uncertain as various issues continue to linger.

Jeffrey Jones, The Globe’s sustainable finance reporter, sheds light on the escalating costs of the TMX and the conflicts it presents in relation to Canada’s climate goals. Concerns over safety and environmental impact, disputes over Indigenous land rights, and long-term economic risks have all contributed to delays and uncertainties surrounding the project.

Despite these challenges, the completion of TMX marks a significant step forward for Alberta’s oil industry. As Canada continues to navigate complex issues related to climate change and Indigenous rights, this milestone serves as a reminder that progress can be made even in the face of adversity.