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.
92 Articles
92 Articles
The new oil pipe: Canada wants to break free from the US grip and send more crude to Asia
Canada Prime Minister Mark Carney has fast-tracked the proposed 1-million-barrel-a-day Pacific Link oil pipeline, aiming to reduce Alberta’s dependence on US markets and open access to growing Asian buyers. The $25 billion-$31 billion project could reshape Canadian crude flows, strengthen Pacific exports and support Carney’s push to make Canada an energy superpower while easing tensions with Alberta.
Alberta-to-B.C. pipeline listed as ‘project of national interest’ by Carney - Vanderhoof Omineca Express
Prime Minister Mark Carney has designated the West Coast Oil Pipeline, now known as Pacific Link, as a “project of national interest,” with a deadline to finalize conditions within a year. Carney, along with Alberta Premier Danielle Smith, made the announcement in Fort McMurray Thursday (Oct. 1). The Pacific Link pipeline is expected to reduce the country’s dependency on the United States by allowing Canada to export an additional one million ba…
New Pacific Link oil pipeline to B.C.'s coast officially declared a national priority
The proposed new additional oil pipeline from near Edmonton to Metro Vancouver that would carry an additional one million barrels of crude a day to overseas markets is moving onto a faster federal government review track, with Prime Minister Mark Carney now aiming to finalize its conditions for construction by September 2027. Carney announced today that the West Coast oil pipeline project, now formally called “Pacific Link,” has been designated …
"I don't like the fact that so many of our citizens have given up Canada," Smith said.
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