Canada Rethinks Selling Its Crown Jewel Pipeline

Canada Rethinks Selling Its Crown Jewel Pipeline Authored by Charles Kennedy via OilPrice.com, The Canadian federal government may reconsider a plan to privatize the Trans Mountain oil pipeline. Since the expanded TMX pipeline launched in 2024, exports to Asia—especially China—have surged, with up to 70% of shipments from British Columbia heading to Asian buyers by late 2025. Officials now see TMX as a highly profitable “strategically important asset,” with potential for furt...

By Tyler Durden