Hormuz havoc hands Canadian oil a windfall. Will pipelines follow?

Canadian oil is banking surging profits, Alberta royalties are up, and Ottawa is gaining a tax windfall thanks to the spike, but the Trans Mountain Pipeline is already operating at 91 per cent capacity, which means there is no real opportunity to boost Canadian oil exports. Consumers in the eastern part of the country, meanwhile, are facing the pain of higher gas prices. So could this boost in oil prices lead to greater pipeline investment, or will it simply line shareholders’ pockets?