Trans Mountain

Simon Fraser University professor Tim Takaro is set to have challenge of pipeline company's injunction order heard in court on March 3.

The Dec. 8 report by Yves Giroux concludes that the government’s decision in 2018 to purchase and run the pipeline remains a profitable move only if Ottawa doesn’t take further steps to combat climate change, and if the planet maintains its unquenchable thirst for oil.

The non-profit Wilderness Committee says the pipeline company’s own maps and sworn affidavits indicate that it failed to start key construction this summer. And that could push the project past its December 2022 delivery date.

A report that says the Trans Mountain pipeline system has earned net income of $29 million in the 19 months since it was purchased by Ottawa relies on faulty accounting, according to a vocal critic of the project.