What is South Bow's timeline and key condition for making a final decision on the Prairie Connector pipeline project?

South Bow will decide whether to proceed with the Prairie Connector pipeline by mid-2027, contingent on securing binding shipper commitments — which it has achieved — and obtaining evidence that the U.S. cross-border permit granted by President Trump is 'durable' and unlikely to be revoked by a future administration.

How does the Prairie Connector pipeline differ from the cancelled Keystone XL project, and what existing infrastructure does it plan to use?

Unlike the cancelled Keystone XL, the Prairie Connector does not follow the same U.S. route but will use some of the already-assembled Keystone XL pipe on the Canadian side of the border; it is a new 550,000-barrel-per-day Alberta-to-Wyoming pipeline proposed jointly by South Bow and U.S. partner Bridger Pipeline.

South Bow Targets 2027 Decision on Canada-US Oil Pipeline Revival

May 29, 2026

South Bow targets a 2027 investment decision on reviving the Keystone XL pipeline after securing key shipper contracts. The proposed project could boost Canadian crude exports to the U.S. by 12% despite lingering permit risks.

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Canada's South Bow flags need for durable US permit before Keystone XL restart

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South Bow Targets 2027 Decision on Canada-US Oil Pipeline Revival

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South Bow, Bridger to Develop New Pipeline Project from Wyoming to Cushing, Oklahoma

South Bow Targets 2027 Decision on Canada-US Oil Pipeline Revival

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