The analysis looks at the financials involved in the transaction of buying the pipeline and making its expansion effective, as well as the potential costs of an acquirer, or somebody who would buy the pipeline. It does not take into account the broader benefits.
However, in previous reports, we estimated that a reduction in the price discount at which Western Canadian Select sells of five dollars U.S.—that was prior to the pandemic—would entail additional benefits to the country of $6 billion for every segment of five dollars U.S. in reduction in the discount at which WCS sells.
There are obviously broader benefits, which is probably why the government decided to proceed with the purchase and the expansion of the pipeline.