Stories
Canada Fast-Tracks Pacific Link Pipeline to Boost Exports, Reduce US Dependence
- •Canada has placed the Pacific Link pipeline, a project to transport one million barrels of crude oil daily from Alberta to the Pacific coast, on an accelerated federal review track.
- •Prime Minister Mark Carney announced the project's national interest designation, aiming to diversify exports and lessen reliance on the United States.
- •The C$43.7 billion project, estimated for completion by 2032, will be owned by Trans Mountain Corporation, Alberta Petroleum Marketing Commission, and Pembina Pipeline Corporation.
- •The pipeline will run approximately 1,250 km from Bruderheim, Alberta, to a deep-water port near Delta, British Columbia, capable of handling Very Large Crude Carriers.
- •Indigenous communities will be offered at least a 10% ownership interest, supported by federal and Alberta loan-guarantee programs, following extensive consultations.
Key Questions Answered
The Pacific Link is a proposed pipeline designed to transport one million barrels of crude oil per day from Bruderheim in Alberta to a deep-water port near Delta in British Columbia. Placed on an accelerated federal review track by Prime Minister Mark Carney, the project aims to diversify Canada's export markets and reduce dependence on the United States.
The ownership group consists of the Trans Mountain Corporation, the Alberta Petroleum Marketing Commission, and the Pembina Pipeline Corporation. Trans Mountain will handle the design, development, and operation, while Pembina holds an initial economic interest of 10% through construction with options for more.
Alberta’s major-projects database lists an estimated cost of C$43.7 billion and a target completion date of 2032 for the Pacific Link pipeline. Additionally, the Major Projects Office and Canada Energy Regulator aim to finalize regulatory review conditions by September 1, 2027.
