What is the announced capacity and timeline for the new Alberta-to-Pacific oil pipeline?

The new pipeline is planned to have a capacity of 1 million barrels per day and construction is expected to begin as early as September 2027.

Who are the key owners and stakeholders in the proposed pipeline project?

The federal government (through Trans Mountain Corp) and the Alberta government (through its Alberta Petroleum Marketing Corporation) will be majority owners; Pembina Pipeline Corp holds a 10% stake during construction and may increase it to up to 20% once the project enters operation.

Canada and Alberta Announce New West Coast Oil Pipeline to Boost Exports

Jul 2, 2026

Canada and Alberta plan a new 1-million-barrel-per-day oil pipeline to the Pacific coast to boost Asian exports and reduce U.S. reliance. Construction could start in 2027, managed by Trans Mountain Corp and Pembina Pipeline.

reuters

2026-07-02

Canada and Alberta Announce New West Coast Oil Pipeline to Boost Exports

Canada and Alberta Announce New West Coast Oil Pipeline to Boost Exports

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