“The Canadian Association of Petroleum Producers (CAPP) welcomes the federal government’s decision to designate the West Coast pipeline project known as Pacific Link as being in the national interest. This is a significant milestone that recognizes the importance of energy infrastructure to Canada’s economic growth, energy security and long-term prosperity.
As domestic and global demand for secure and responsibly produced energy continues to grow, Canada has a tremendous opportunity to strengthen its role as a trusted supplier to allies and trading partners around the world, while helping Canadians capture greater value from our abundant natural resources.
Diversifying our oil exports, and increasing our capacity to trade with other nations means growth in the Canadian economy, growth in Canadian jobs, and growth in Canada’s global role as an energy superpower.
Today’s designation is an important step toward providing the certainty needed to advance this major nation-building project that can deliver lasting economic benefits for communities across the country, including 140,000 jobs, $20 billion per year in GDP, $100 billion in government revenue by 2060, and unlock Canada’s full energy potential.”
– Lisa Baiton, President and CEO, Canadian Association of Petroleum Producers (CAPP)