Seeing reality: Trans Mountain needed for balanced budget, says minister during virtual photo op [CBC (Canadian Broadcasting Corporation)]
Enbridge Inc (ENB)
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Source: CBC
Balanced budget tied to Trans Mountain completion, Alberta finance minister says Ahead of Thursday's budget, Joe Ceci sported virtual reality goggles instead of traditional new shoes Alberta Finance Minister Joe Ceci said Tuesday the path to balanced budgets lies in the completion of the Trans Mountain pipeline expansion. The 2018-19 budget will be released on Thursday, and will lay out a plan for eliminating the deficit by 2023. Although the government has made efforts to diversify the economy, Ceci revealed the path to balanced budgets relies on the completion of two major pipeline projects. "We've built those into the budget in anticipation that Trans Mountain expansion and [Enbridge] Line 3 will be operational," he said. Construction on Line 3 started last year. The Trans Mountain expansion from Edmonton to Burnaby, B.C., is behind schedule and held up by delays. An upcoming ruling from the Federal Court of Appeal is a crucial step in the process and could determine the future of
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