Released on June 9, 2016
Wall Will Also Meet With Quebec Premier Philippe Couillard and New Brunswick Premier Brian Gallant to Discuss Energy IssuesPremier Brad Wall will travel to Toronto and Saint John next week to speak in support of Energy East, a proposed $15.7 billion pipeline that will transport more than a million barrels of western Canadian oil a day to refineries in eastern Canada and a marine terminal in New Brunswick.
“For years, energy producers in Alberta and Saskatchewan have not received world prices because Canada lacks the pipeline capacity to get oil to tidewater,” Wall said. “We’ve left billions of dollars on the table because we have just one export customer – the United States. Energy East will give our oil producers access to new markets, and can help reduce the need for Canada to import foreign oil. That’s the message I want to impart next week.”
Wall will deliver a luncheon keynote address at the Empire Club in Toronto on Tuesday, June 14.
On Wednesday, June 15 he will speak at the East Coast Energy Connection conference in Saint John and meet with New Brunswick Premier Brian Gallant.
Wall will be in Montreal on Thursday, June 16 to discuss Energy East and other matters with Quebec Premier Philippe Couillard.
“At a time when governments are looking for projects to stimulate the economy, there is a compelling logic to Energy East,” Wall said. “The pipeline is expected to generate $55 billion in economic benefits for Canada, including $4.3 billion in Saskatchewan and $9.3 billion in Quebec. It will create more than 14,000 construction jobs and more than 3,300 permanent jobs when operating, and it will be built to the highest environmental standards after extensive community consultations."
Wall also noted that pipelines are the safest way to transport oil. According to TransCanada Corporation, the project proponent, Energy East has the potential to remove the equivalent of more than 1,500 oil tankers from the Canadian rail system.
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For more information, contact:
Kathy Young
Executive Council
Regina
Phone: 306-787-0425
Email: kathy.young@gov.sk.ca
Cell: 306-526-8927