Trans Mountain Pipeline operators must consider increasing tolls to limit mounting taxpayer losses on the project, the Commons natural resources committee said yesterday. MPs in a report said a huge loss appeared unavoidable.

“The pipeline operator may be unable to charge high enough tolls to cover the costs of the Trans Mountain expansion,” said a committee report Federal Assistance To Canada’s Natural Resources Sectors. “The committee heard the pipeline’s toll structure was only designed to cover the expansion’s original cost estimate of $7.4 billion plus 20 to 25 percent of any additional capital cost increases.”

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