Canadian pipeline company Pembina Pipeline Corp (Pembina) is throwing cold water on the idea of investing in the newly expanded Trans Mountain pipeline (TMX). The company’s chief financial officer, Cameron Goldade, expressed significant reservations during a recent earnings call.
Trans Mountain Pipeline
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Canada’s long-delayed Trans Mountain pipeline, a controversial project that expands the country’s oil export capacity, has begun operations. The project is expected to boost the economy but raises environmental concerns.