Alberta's timing targets for West Coast pipeline 'best-case scenario': CIBC analysts - BNN Bloomberg
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Article Excerpt
CALGARY — The targeted timeline the Alberta government set out for construction to begin on a potential new West Coast oil pipeline is ambitious, with many obstacles yet to clear, analysts at CIBC World Markets wrote in a recent report.
The province aims to submit a proposal to the federal major projects office by July 1, have it designated a project of national interest by Oct. 1 and get shovels in the ground as early as Sept. 1, 2027. Oil could begin to flow around 2033 or 2034, a provincial official told a media background briefing last week.
“While we are encouraged by the continued sens…
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