From the Prime Minister’s news release:
October 1, 2026
Fort McMurray, Alberta[…]
Today, the Prime Minister, Mark Carney, announced that the Government of Canada is officially listing the new West Coast Oil Pipeline, now known as Pacific Link, as a project of national interest.
Canada and Alberta will share equal ownership of Pacific Link. Indigenous communities will be offered a minimum of 10% ownership interest, financed through Canada and Alberta’s Indigenous Loan Guarantee Programs. Pembina Pipeline Corporation is a private sector investor and is offering its expertise to project development, which is being led by the Trans Mountain Corporation – the company that just built the largest oil pipeline to Canada’s West Coast. The pipeline will follow a southern route which protects British Columbia’s North Coast and avoids highly sensitive ecosystems, including the Great Bear Sea.
Today’s announcement:
Over the next year, the Major Projects Office (MPO), supported by the Canada Energy Regulator (CER), will lead the federal review process and consultations with all stakeholders on the conditions for this project – including the ownership, benefits, respect for Indigenous rights, environmental protections, and local hiring and oversight – with Indigenous Peoples involved from the start. The MPO will work to finalize those conditions by September 1, 2027, clearing the way to get shovels in the ground. This means that as the project proponents work over the next year to develop a final concept – from community consultations to route mapping, ecological surveys, cost estimates, procurement, and workforce planning – they will do so with confidence that the federal government supports this project. This will transform the way Canada builds major infrastructure by giving investors and builders the certainty they need to drive projects forward.
Pacific Link will reduce our dependence on the United States by allowing Canada to export an additional one million barrels a day to growing markets in Asia. It will create 140,000 jobs across the country and generate over $20 billion in GDP per year, and $100 billion in government revenue by 2060 – revenue that will help build the infrastructure and homes Albertans, British Columbians, and all Canadians need, and protect the social programs they rely on every day, from health care and dental care to child care.
This pipeline is one part of the Government of Canada’s broader mission to transform our economy – to double our non-U.S. exports over the next decade, create tens of thousands of good jobs, attract billions in new investment, and unlock our full potential as a global energy superpower.
Pacific Link is a transformative project, but its full potential will only be unlocked by the initiatives the Government of Canada is leading across the country. We are working to expand the container terminal at Roberts Bank to export crude from Pacific Link. We are advancing new measures to protect our oceans as maritime traffic grows. And we are working with the Government of Alberta to advance the Pathways Project, one of the world’s largest carbon capture and storage projects, to keep Albertan oil competitive for the long term.
Together with the governments of Alberta and British Columbia, Indigenous communities, and the private sector, we are building a strong Canada that works – a Canada where growth and conservation go hand in hand, and where prosperity is shared. Pacific Link will help unlock Canada’s potential as a global energy superpower, transform our economy, diversify our trade, and strengthen our strategic autonomy – ensuring Canadians can continue to live our lives as we choose.
Listing the Pacific Link as a project of national interest under Schedule 1 of the Building Canada Act, enables the project to proceed through a single federal regulatory review process that will inform the development of a conditions document.
More: Reuters
Last Updated on 19 minutes ago