May 30 (Reuters) - The Canadian government has
guaranteed another C$1 billion ($731.05 million) in commercial
loans for the Trans Mountain pipeline expansion, taking the
total government-backed loan facility to C$19 billion, Trans
Mountain's quarterly earnings statement showed on Thursday.
The expansion project, which has so far cost C$34 billion,
nearly triples capacity to ship oil from Alberta to Canada's
Pacific coast to 890,000 barrels per day. It started commercial
operations on May 1 after years of delay.
($1 = 1.3679 Canadian dollars)