STORY CONTINUES BELOW THESE SALTWIRE VIDEOSOTTAWA - Canadian Prime Minister Justin Trudeau said on Wednesday he was confident the Trans Mountain pipeline expansion was a solid investment and that interest is high among Indigenous groups who want to buy a share of the pipeline.
The Canadian government bought the pipeline for C$4.5 billion in 2018 to make sure the project was completed after it ran into challenges, including opposition from Indigenous peoples and environmentalists. "I am very excited and interested that there are so many Indigenous groups interested in purchasing the TMX pipeline. We're engaged in conversations with them right now," Trudeau told reporters in Charlottetown, Prince Edward Island.
The government has not said how much the pipeline would sell for, nor has it fixed a deadline for the sale.