Story perspectives

Alberta Files Application for $35-44B Million-Barrel Pipeline

7/28/2026

Summary

Story summary

Alberta government filed an application for a million-barrel-a-day Trans Mountain pipeline.
TD Economics economists Marc Ercolao and Likeleli Seitlheko forecast a 0.6 percent national GDP rise and 3.5 percent Alberta growth by the 2040s, with the pipeline contributing 0.3 percent nationally and 2 percent in Alberta.
The $35-$44 billion pipeline, 90 percent funded, could lift oil exports by 20 percent, double Asian tanker shipments, and may begin construction in late 2027 after a fall national-importance designation.

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Story summary

Alberta government filed an application for a million-barrel-a-day Trans Mountain pipeline.
TD Economics economists Marc Ercolao and Likeleli Seitlheko forecast a 0.6 percent national GDP rise and 3.5 percent Alberta growth by the 2040s, with the pipeline contributing 0.3 percent nationally and 2 percent in Alberta.
The $35-$44 billion pipeline, 90 percent funded, could lift oil exports by 20 percent, double Asian tanker shipments, and may begin construction in late 2027 after a fall national-importance designation.