‘It’s a very tricky waiting game,’ says one construction executive
CALGARY/OTTAWA – A one-month delay by the federal government to decide on the Trans Mountain pipeline expansion will drive up the costs of the project in a tight labour market and at a time when the Canadian oil industry has lost patience with the federal government, industry executives say.
Work stalled on the Trans Mountain project following a Federal Court of Appeal decision overturning approvals last year, but the company, which was bought by Ottawa from Kinder Morgan Ltd. for $4.5 billion, has said it will be prepared once a decision is made. “When Trans Mountain gets going, there’s going to be a migration of workers away from other projects,” said Matthew Deeprose, president and CEO of Vault Pipelines Ltd.
“Some of them are contemplating should they even hang onto because there’s so much other work coming up,” the person said.
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