Trans Mountain and Its Federal Parent See Case for Ottawa Owning Pipeline for Good

The leaders of Trans Mountain Corp. and the federal agency that oversees the Crown corporation say it’s possible Ottawa will own the Alberta-to-B.C. pipeline indefinitely.
Mark Maki, the president and CEO of Trans Mountain, says it’s a “sovereign pipeline” that operates almost entirely within Canada and that it’s an “incredibly strategic asset” to the country.
At a Canadian Club luncheon in Toronto, Maki was joined on stage by Elizabeth Wademan, who heads up the Canada Development Investment Corp.
Trans Mountain is a subsidiary of the investment corporation and Wademan describes her agency as a “friendly yet challenging shareholder” in the pipeline firm….