Economic costs and benefits of the Trans Mountain Pipeline Expansion

Submitted by: Pro-Information Pro-Environment United People Network

The evidence:

  • Benefits of Project to British Columbia, including employment, property tax, and fiscal benefits, were significantly overstated by Kinder Morgan
  • Kinder Morgan has greatly understated the costs associated with a bad to worst-case spill scenarios, which can range between $1-$5 billion
  • It is uncertain whether Kinder Morgan would pay for these costs and how much would be borne by taxpayers and government
  • Report, overall, recommends rejecting the pipeline