Pipe for the Trans Mountain pipeline is unloaded in Edson, Alta., 2019. Photo by Jason Franson/The Canadian Press files

The Trans Mountain pipeline — finished years behind schedule and massively over-budget — has delivered an estimated $12.6 billion in new revenues to the Canadian oilpatch and padded government budgets, according to a new report.

Still, the report by the financial group Alberta Central says any new export pipeline that might be built under Prime Minister Mark Carney ‘s nation-building infrastructure agenda would not likely bring in a similar windfall.

The expanded Trans Mountain pipe that stretches from Alberta to the British Columbia coast, which came into service in May 2024, has significantly boosted market access for Canadian oil and raised prices for the co

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