Trans Mountain Corp. says it has run into engineering difficulties related to the drilling of a tunnel in B.C. and wants to alter the route.
“It is a concern, there’s no question. First, the delay, and second, the cost,” said Tristan Goodman, president and CEO of the Explorers and Producers Association, in an interview Tuesday.
The pipeline — which was bought by the federal government for $4.5 billion in 2018 after previous owner Kinder Morgan Canada Inc. threatened to scrap the pipeline’s planned expansion project in the face of environmentalist opposition and regulatory hurdles — has already been plagued by construction-related challenges and delays.Article content
But the company faces opposition from the Stk’emlupsemc te Secwepemc Nation, whose traditional territory the pipeline crosses and who had agreed to the originally proposed route and construction method. Oil companies are already pushing back against the higher tolls Trans Mountain says it will need to charge to help recoup ballooning capital costs. Goodman says any additional toll increases will put Canadian companies at an economic disadvantage to their global competitors.
“But instead of dealing with these issues from a leadership perspective at the federal level, it’s being downloaded onto individual project proponents who are basically just businesses. That’s not how this should work. That’s not how it works in other countries.” “Or it’s going to spill over into all other aspects of development, from coast to coast. It has just become untenable.”
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