The Trans Mountain Pipeline Expansion project is a controversial but necessary expansion of Canada’s largest oil pipeline system. First announced in 2012, the project has been fraught with legal battles, public opposition, and delays due to the pandemic. Despite the opposition, construction of the project has continued, and is expected to be completed by the end of 2021. This is likely to be the last new oil export pipeline Canada will ever need.
The existing Trans Mountain pipeline, running for 1,150 kilometres, carries 300,000 barrels of oil per day. The Trans Mountain network is a vital artery, connecting Alberta’s oilsands with refineries in British Columbia and the West Coast. The project’s expansion will almost triple the capacity of the pipeline, carrying up to 890,000 barrels of oil per day.
The benefits of the Trans Mountain Expansion are numerous. The project is expected to create 15,000 jobs during construction and up to 37,000 direct and indirect jobs over the long term. The expansion is also estimated to generate $7.4 billion in federal and provincial tax revenue throughout its lifetime, providing much-needed economic stimulus at a time when the country is suffering from the effects of the pandemic.
However, there are also concerns about the potential environmental impact of the pipeline project, including an increased chance of oil spills, the emissions associated with increased oil production, and the potential for the pipeline to contribute to climate change. As a result, many protesters have been vocal in their opposition to the project.
Despite the controversy, the Trans Mountain Expansion project is a crucial piece of infrastructure that will ensure the continued flow of energy resources to the West Coast. It will also provide a much-needed boost to Canada’s ailing economy, and create thousands of jobs. While we must remain mindful of the potential environmental impacts of the project, it is clear that the benefits far outweigh the risks. With the completion of the expansion, Canada will no longer need to build any new oil export pipelines, providing a lasting legacy that will benefit Canadians for generations to come.