XM does not provide services to residents of the United States of America.

Trans Mountain Pipeline interim tolls hearing scheduled for May 2025 - CER



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>Trans Mountain Pipeline interim tolls hearing scheduled for May 2025 - CER</title></head><body>

Aug 6 (Reuters) -The Canada Energy Regulator (CER) on Tuesday said the Trans Mountain final interim tolls oral hearing related to its pipeline expansion is scheduled to start on May 14 with final argument to take place in the summer of 2025.

Trans Mountain pipeline expansion (TMX) entered partial operation in May, years behind schedule and at more than four times the original cost.

TMX has had to raise tolls to recoup some costs. The shippers are disputing the rate increase.

In April, the CER approved a request from shippers to disclose additional detailed cost and expense information.

"The Commission adjusted the timeline proposed by the parties, due to the increased volume and complexity of records that must be assessed during this proceeding," the regulator said in a statement.




Reporting by Brijesh Patel in Bengaluru
Editing by Marguerita Choy

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.