Critics have also slammed the ownership of a pipeline project by the Liberal government, which they argue runs counter to Trudeau’s ambitious climate goals.between late March and early May this year and had received a $10-billion loan guarantee in 2022 from the federal government.
Canada’s finance ministry did not immediately respond to a Reuters request for comment on the fresh loan guarantee. In June, a finance ministry spokesperson said the loan guarantee was “The project is expected to start shipping oil in the first quarter of 2024, and will nearly tripling the flow of crude from Alberta’s oil sands to Burnaby, British Columbia, to 890,000 barrels per day.
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