West Coast oil pipeline becomes 1st project designated in national interest
The designation fast-tracks a proposed 1,250-kilometre line that officials say could add 140,000 jobs and $20 billion in annual GDP.
- On Thursday, Prime Minister Mark Carney and Alberta Premier Danielle Smith announced the Pacific Link pipeline as the first project designated of national interest under the Building Canada Act in Fort McMurray.
- Spanning 1,250 kilometres, the project transports one million barrels of crude oil daily from Bruderheim, Alta., to Delta, B.C., involving Trans Mountain Corp., Alberta, and Pembina Pipeline Corporation at a cost between $35.2 billion and $43.7 billion.
- Offering Indigenous communities a minimum of 10 per cent ownership interest, the project is projected to boost Canada's GDP by up to $30 billion annually while creating up to 140,000 jobs.
- Listing the project on Schedule One of the Building Canada Act shifts federal focus from feasibility assessment to construction planning, with conditions to be finalized by September 1, 2027.
- By diversifying exports away from the U.S., Canada expects an additional $10 billion in annual revenues as it accesses higher-priced international markets; Carney called this an "important day for Alberta and for Canada.
132 Articles
132 Articles
Indigenous, local leaders optimistic about new pipeline despite “host of issues” Carney says Federal government is yet to address
Thursday’s announcement by Prime Minister Mark Carney to officially list the Pacific Link Pipeline, formerly known as West Coast Oil Pipeline, as a project of national interest was well received by some Indigenous and local northern Albertan leaders in the Wood Buffalo region – despite the number of environmental concerns associated with the pipeline that the government is still working to address.
Canadian Government will Fast Track the construction of a new Oil Pipeline to a giant Oil Terminal that would bring Supertankers through the Salish Sea
This is catastrophic news. When it comes to Big Oil’s outsize influence on their respective governments, and their energy policies, Mark Carney isn’t much…
Idaho Capital Sun
WA governor ‘disappointed’ Canada is fast-tracking new oil pipeline to B.C.
A proposed Canadian oil pipeline to a supertanker terminal at the Port of Vancouver in British Columbia is raising hackles among Washington state’s political leaders. Canadian Prime Minister Mark Carney on Thursday designated the West Coast Oil Pipeline, now known as the Pacific Link, as a project of national interest. That enables a speedier regulatory […]
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