Exclusive: The feds bought a pipeline for $5B. How did the cost balloon to over $30B? | Globalnews.ca
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How a pipeline project, purchased by the Trudeau government, went from an initial estimate of $5.4 billion to $30.9 billion, potentially leaving Canadian taxpayers on the hook.

How a pipeline project, purchased by the Trudeau government, went from an initial estimate of $5.4 billion to $30.9 billion, potentially leaving Canadian taxpayers on the hook.

Here’s their checklist:

  1. Buy pipeline for much more than it’s worth and mismanage it.
  2. Socialize the losses.
  3. ???
  4. Privatize the profit.
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