[Wastedyouth]

Originally Posted by oilyfan

A loss ($600M, a pittance considering the pipeline revenues are $20B and up), calculated using transit cash flows and discounting at around 8.5% per year.

So the project will only deliver 8% IRR (approximately) plus additional revenue from personal and corporate taxes, plus the support of a strategically valuable industry and high-paying jobs for decades.

Almost every country in the world would fall over to have a project like this in their jurisdiction.

This is a sensationalist headline. The reality is this was always and remains a very good project for Alberta and Canada.

This.