The Chamber of Shipping is disappointed that ongoing investment uncertainty has resulted in Kinder Morgan Canada’s decision to halt all non-essential activities on the Trans Mountain Expansion Project. The protection of Canada’s West coast is a top priority for the Canadian marine industry as it continues to deliver safe and environmentally responsible marine transportation.
Safety statistics for the shipment of petroleum products to and from the Port of Vancouver – Canada’s busiest port – are strong. They demonstrate the many tangible actions being made by industry that are enforced by government on a daily basis. As such, the Oceans Protection Plan will continue to augment this framework of safety guidelines with further capabilities. Examples consist of additional emergency towing vessels for the Canadian Coast Guard, regional spill response plans that include British Columbia’s First Nations’ communities, in addition to improved spill response capacity and capability.
“The uncertainty associated with this decision runs the risk of discouraging investments in Canada and clearly in British Columbia,” said Mr. Lewis-Manning. “We respectfully request that the federal and provincial governments work diligently together to resolve this situation promptly, as too much is at stake.”
Commercial shipping results in $30 billion of economic activity annually in Canada and at 1.8% of the Canadian economy, ships move more than $200 billion worth of goods to and from global markets. From farmers to retailers, thousands of Canadian jobs depend on a healthy and thriving trade environment supported by a robust and fluid marine transportation network.
The Trans Mountain Expansion Project (the Project) is a $7.4-billion construction project. The expansion will parallel the 1,150-km route of the existing Trans Mountain Pipeline, which was built in 1953 and is the only West Coast link for Western Canadian oil. Pipeline capacity will increase from 300,000 to 890,000 barrels of oil per day.
Sea News, April 10