The Liberal Boondoggle

$3,500,000,000

Trans Mountain got a $3.5B below-market interest break

Ottawa cut the interest rate on Trans Mountain's government loans below commercial levels, creating a $3.5 billion benefit recorded as a government grant.

November 7, 2025 · Government of Canada · Mega cheques · Recipient: Trans Mountain Corporation
Auditor General finding · Source: Auditor General of Canada

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This is one line on one endless taxpayer receipt: documented federal Liberal waste since November 4, 2015, newest first.

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