Login
You're viewing the humanwords.party public feed.
  • Gordon J Holtslanderpinhman
    Jul 3, 2026, 1:27 AM

    Canadians are $26B in debt from Trans Mountain pipeline (TMX) because pipeline users refuse to pay pipeline tolls sufficient to pay down debt & operating costs.

    What will users pay on the new pipeline?

    In following the existing pipeline are they taking advantage of what’s already been developed & paid for with TMX? Are they getting a taxpayer funded free ride?

    Will the new pipeline do anything to pay off the enormous debt of TMX?

    “The Canadian government, which owns the project [TMX] would not be able to generate an adequate profit for investors because the tolls it would charge for the completed project’s use cannot be raised high enough to support new debt on the pipeline plus operational costs.”

    ieefa.org/resources/trans-moun

    💬 3🔄 24⭐ 13

Replies

  • Justin DerrickJustinDerrick@mstdn.ca
    Jul 3, 2026, 1:45 AM

    @pinhman @canadianglen Since when do users/buyers decide what price they will pay?

    I don’t get to decide how much rent I’ll pay, the interest rate on my mortgage, or what a hotel or flight should cost.

    Fuck’m. Charge what it costs, plus a carbon tax that regularly increases at 2x the rate of inflation. Pipelines should be operated in a way that ensures they’ll eventually put themselves out of business.

    💬 2🔄 0⭐ 0
  • 💬 0🔄 0⭐ 0
  • Gordon J Holtslanderpinhman
    Jul 3, 2026, 2:37 AM

    @JustinDerrick @canadianglen The decision to build TMX was a political decision, not a business/economic.

    End users are taking advantage of this built for politics not business. They have been given this opportunity through J Trudeau’s spurned efforts to bring Alberta on side. Perhaps the worst investment Canada made?

    The new pipeline better pay for itself and contribute to the route infrastructure costs Canadian taxpayers will pay for in generations of tax payments.

    ps The irony of Canada’s conservative voices; More Taxes! More Debt! (pipelines)

    cbc.ca/news/politics/tasker-tr

    💬 1🔄 1⭐ 2
  • 💬 1🔄 2⭐ 0
  • canadianglen 🇨🇦canadianglen@thecanadian.social
    Jul 3, 2026, 3:25 AM

    @pinhman @JustinDerrick now alternatively, could that have been a tactical play to fire up the dipshits with loyalties to Utah and Texas then? it does sound very IDU. but i would rather those dipshits try their bullshit in 20teens than mid 2020s

    💬 0🔄 0⭐ 0
  • 💬 0🔄 0⭐ 0
  • Gordon J Holtslanderpinhman
    Jul 3, 2026, 2:44 AM

    @sleepy62 Hmm, the math says there will be even less use of the original TMX if the new line has higher capacity and doesn’t have to contribute to the original infrastructure costs of TMX thus lower toll rates.

    The new pipeline could mean that the debt incurred on TMX version 1 will take even longer costing Canadian taxpayers even more.

    But you won’t hear a Canadian conservative voice raise this issue. They are all “Yeah pipeline”. (and let’s just ignore those stalwart issues of debt and taxation and pretend it’s a win)

    💬 1🔄 0⭐ 2