October 1, 2026
\nFort McMurray, Alberta<\/p>\n
Today, the world faces an energy crisis across three dimensions: our cost of living, our climate, and our sovereignty increasingly depend on our nation\u2019s ability to supply and control its own energy.\u00a0More than any other country, Canada is positioned to become the leading supplier of clean and conventional energy to ourselves and the world. To seize this opportunity, which will create hundreds of thousands of good jobs at home while reinforcing our independence and sovereignty, Canada needs to build fast and build together.<\/p>\n
That is why Canada\u2019s new government launched the most significant regulatory reforms in generations to fast-track nation-building infrastructure. Through the Building Canada Act<\/em>, the federal government can further accelerate approval processes for major projects that are determined to be in Canada\u2019s national interest. The federal government has already referred 28 nation-building initiatives to the new\u00a0Major Projects Office (MPO). This includes a new crude oil or oil pipeline to the West Coast, which\u00a0Canada and Alberta are advancing in partnership.<\/p>\n Over the past three months, the MPO conducted rigorous consultations on the pipeline proposal to determine whether this project is in Canada\u2019s national interest, as defined by the\u00a0core factors outlined in the Act. The MPO consulted with more than 130 Indigenous communities near or along potential routes in Alberta and British Columbia, as well as with federal departments and the Government of British Columbia.<\/p>\n 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.<\/strong><\/p>\n Canada and Alberta will share equal ownership of Pacific Link. Indigenous communities will be offered a minimum of 10% ownership interest<\/strong>, financed through Canada and Alberta\u2019s 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 \u2013 the company that just built the largest oil pipeline to Canada\u2019s West Coast. The pipeline will follow a southern route which protects British Columbia\u2019s North Coast and avoids highly sensitive ecosystems, including the Great Bear Sea.<\/p>\n Over the next year, the 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 \u2013 including the ownership, benefits, respect for Indigenous rights, environmental protections, and local hiring and oversight \u2013 with Indigenous Peoples involved from the start. The MPO will work to finalise those conditions by September 1, 2027, clearing the way to get shovels in the ground.<\/strong> This means that as the project proponents work over the next year to develop a final concept \u2013 from community consultations to route mapping, ecological surveys, cost estimates, procurement, and workforce planning \u2013 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.<\/p>\n Pacific Link will reduce our dependence on the United States by allowing Canada to export an<\/strong> additional one million barrels a day<\/strong> to growing markets in Asia. It will create<\/strong> 140,000 jobs across the country<\/strong> and generate over $20\u00a0billion in GDP per year, and $100\u00a0billion in government revenue by 2060<\/strong> \u2013 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.<\/p>\n This pipeline is one part of the Government of Canada\u2019s broader mission to\u00a0transform our economy \u2013 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.<\/p>\n