Manufacturers welcome approval of Trans Mountain Expansion Project and Line 3 Replacement Program: CME
Published by CME Webmaster on November 29, 2016
EDMONTON (November 29, 2016) - Canadian Manufacturers & Exporters (CME) welcomes the Government of Canada's decision to approve Kinder Morgan's Trans Mountain Expansion Project and Enbridge's Line 3 Replacement Program.
The Trans Mountain Expansion Project will create a twinned pipeline increasing the nominal capacity of the system from 300,000 barrels per day to 890,000 barrels per day.
The Line 3 Replacement Program will replace existing pipe from Hardisty, Alberta to Superior, Wisconsin. Enbridge estimates the total cost of the program to be $7.5 billion, with $4.9 billion of that investment happening in the Canadian provinces of Alberta, Saskatchewan and Manitoba.
"Manufacturers applaud the federal government's decision to approve these projects," said CME Alberta Vice President David MacLean. "They will support jobs in the upstream oil and gas sector who are manufacturing products that enable the safe and responsible development of Canada's energy resources."
"CME members are a critical link in the energy supply chain across Canada and are committed to ensuring that our country continues to be the safest and most environmentally-responsible energy producer in the world," added MacLean. "The Trans Mountain Expansion Project and Enbridge's Line 3 Replacement Program represent a significant boost to the entire manufacturing sector and we applaud the Government of Canada for allowing these critical initiatives to proceed."
Since 1871, Canadian Manufacturers & Exporters has been helping manufacturers grow at home and thrive around the world. In 2016, CME released ‘Industrie 2030' - a roadmap for doubling Canadian manufacturing activity by 2030. Our focus is to ensure the sector is dynamic, profitable, productive, innovative and growing. We aim to do this by strengthening the labour force, accelerating the adoption of advanced technology, supporting product commercialization, expanding marketplaces and, most importantly, ensuring a globally-competitive business environment. CME is a member-driven association that directly represents more than 2,500 leading companies who account for an estimated 82 per cent of manufacturing output and 90 per cent of Canada's exports.
For more information:
Vice President, Alberta
Canadian Manufacturers & Exporters
Found in: Manufacturing Competitiveness