www.bloomberg.com
Canada plans to hold off on selling equity in the Trans Mountain pipeline until its output is maximized. Energy Minister Tim Hodgson indicated the government’s priority is to increase the pipeline’s operational capacity first, a process expected to take several years. This strategic approach aims to boost the pipeline’s value and attract potential investors before any sale. By optimizing the pipeline’s performance, the government hopes to secure a more favorable deal when it eventually decides to divest its stake.
