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HPI Market Data Book 2026: Global construction – Americas
Capex is concentrated in gas processing and LNG in the US, while in Canada the reverse is true
Canadian producers positioned to ride out the downcycle
The country’s upstream players have demonstrated resilience to low oil prices and are well positioned to prosper despite a volatile market
Canada's oil growth optimism
Companies are bullish despite combined effect of market volatility, tariff threats, regulatory issues and midstream constraints
Canada’s Asian pivot faces hurdles
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
Alberta’s energy hub sees silver lining
US tariffs bolster Alberta’s Industrial Heartland exports to Asia
Gas should fare better than oil under Canada’s new regime
The new federal government appears far more supportive of oil and gas than former prime minister Justin Trudeau’s climate-focused administration, but the prospects look better for the latter hydrocarbon
Indigenous opposition may slow Canadian fast-track
Federal and provincial governments have passed legislation to speed the development of hand-picked projects, but failure to win Indigenous support may stymie their plans
Canada enters the global LNG race
Owing to social, political and geographical factors, Canadian LNG projects are a complex proposition versus competing facilities on the US Gulf of Mexico
Energy NL upbeat on Newfoundland despite industry doubts
CEO argues the upstream potential remains huge as analysts question future oil production for Canadian province’s offshore industry
Canada’s energy superpower ambition
The new government is talking and thinking big, and there are credible reasons to believe it is more than just grandstanding
Backed into a corner: Faced with little option, prime minister Justin Trudeau chose to acquire the troubled TransMountain pipeline
Canada
Shaun Polczer
Calgary
31 August 2018
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Trudeau picks up the pipeline dossier

The Canadian government is banking on its clout being sufficient to remove obstacles to a long-delayed oil export project

Faced with critical export constraints and a rising tide of oil sands crude, Canada's government has chosen an unusual and controversial step. It has decided to take over the troubled TransMountain pipeline to steer it through an increasingly complicated political and regulatory morass of its own making. In May, the cabinet opted to purchase the entire project from Kinder Morgan Canada for C$3.7bn ($2.8bn). With it come obligations to spend another C$8bn to triple capacity to a much-needed 900,000 barrels a day and potentially open new offshore markets in Asia. Overnight, Canadian taxpayers find themselves the proud owners of an ageing 1,150km (932-mile) mainline to the British Columbia coas

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