Canada Approves Job Creating TMX Project

The Government of Canada has approved the Trans Mountain Expansion (TMX) project, which will twin the existing Trans Mountain oil pipeline and expand the Westridge Marine Terminal in Burnaby, British Columbia.

The project will create thousands of jobs, enable increased production from western producers and generate approximately US$12 billion in additional crude oil sales each year, according to the Canadian government.

The TMX project will also benefit indigenous communities and groups and the clean economy, the government notes.

“We have a responsibility to ensure that the decisions we make today move us towards a cleaner, sustainable economy,” Canadian Prime Minister Justin Trudeau said in a government statement.

“Major resource projects can move forward, but only if we do so in a way which protects the environment and respects indigenous rights,” he added.

“The TMX project is a significant investment in Canadians and in Canada’s future that will create thousands of good, middle class jobs, maintain the highest environmental standards and fund the clean energy solutions that Canada needs to stay competitive on the global stage,” Mr Trudeau continued.

In August 2018, a decision by the Federal Court of Appeal quashed the government’s original approval of the project and provided it with guidance on how it could move forward with the development. This included reconsidering project-related environmental effects and engaging in new consultations with indigenous groups.

Source: Rigzone