Trans Mountain expects to pay federal government $1.25-billion in 2025

News Snapshot:

Open this photo in gallery: Crude oil tankers docked at the Trans Mountain Westridge Marine Terminal in June, 2024. The expanded pipeline system began commercial operations over a year ago.DARRYL DYCK/The Canadian Press Trans Mountain Corp. expects to pay Ottawa $1.25-billion this year, due partly to record shipments on the federally owned oil pipeline and a refinancing deal that has reduced costs during the first year of its expanded capacity. And as the Crown corporation works to boost the capacity of shipments on the expanded pipeline system, chief executive Mark Maki said it is focused on helping with Ottawa’s vision...