News
18 May 2023

Canadian banks up support for Trans Mountain expansion project

In:
Oil & gas
Region:
Americas

Canada’s six biggest banks have increased financing for the Trans Mountain pipeline expansion by C$3 billion ($2.2 billion) to help cover the project's cost overruns.TD, RBC, CIBC, BMO, the National Bank of Canada and Scotiabank are listed as lenders for the new financing.The construction...

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