Price could change on $4.5-billion Kinder Morgan deal
The price of the Trans Mountain pipeline deal isn’t set in stone, according to the contract between Kinder Morgan and the federal government.
The final price tag shouldn’t be far off the $4.5-billion figure announced by Ottawa last week.
However, it all boils down to a “good faith best estimate” of working capital costs, prepared by auditors and provided to the government at least five days before the deal closes. Adjustments could go either up or down.
The contract
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