$6.5 billion investment! World’s first ‘net-zero’ ethyelene plant announced for Fort Saskatchewan

Dow Path2Zero investment in Alberta: Joint statement

Premier Danielle Smith, Minister of Energy and Minerals Brian Jean and Minister of Jobs, Economy and Trade Matt Jones issued the following statement on the Dow Path2Zero Fort Saskatchewan project:

“We are thrilled that Dow has chosen Alberta for the world’s first net-zero Scope 1 and 2 greenhouse gas emissions integrated ethylene cracker and derivatives site.

“Fort Saskatchewan Path2Zero, located in Alberta’s Industrial Heartland, will play an important role in expanding Alberta’s natural gas industry, creating thousands of jobs, diversifying our economy and positioning our province as a global hub for petrochemicals.

“At nearly $9 billion, this project is one of the largest private sector investments in Alberta’s history. At peak, this world-class petrochemical facility will create about 6,000 jobs during construction and 400 to 500 full-time jobs when operational. Path2Zero will produce and supply approximately three million metric tonnes of certified low- to zero-carbon emissions polyethylene and ethylene derivatives for customers around the globe while further establishing Alberta as a world leader in emissions-reducing technology like carbon capture, utilization and storage.

“This announcement by Dow is indicative of Alberta’s commitment to attracting investment and creating good jobs while growing and diversifying our economy. Programs like Energy and Minerals’ Alberta Petrochemicals Incentive Program (APIP) and the cross-ministry concierge investment support led by Jobs, Economy and Trade have been integral in Dow’s decision to choose Alberta for this innovative facility. Through APIP, we are issuing a 12 per cent grant, which is approximately $1.8 billion, to help move this investment and technology forward. In addition, we are pleased that Alberta’s skilled workforce, low corporate tax rates, stable industrial carbon pricing system and commitment to support innovation made Alberta the most attractive choice.

“Dow’s final investment decision is proof of the Alberta Advantage, and it will be a major stepping-stone toward meeting our goal of being a global top 10 petrochemical producer. This decision proves what we have been saying for years: Alberta is the best place to invest and do business. We have the workforce, know-how and natural gas feedstock to be a world leader in carbon-neutral petrochemicals.

“This is a huge win for Alberta’s petrochemical sector and clearly demonstrates our business-friendly policies are attracting job-creating investment across the province. We look forward to the beginning of construction in 2024 and are proud to be partnering with Dow to transition away from emissions while decarbonizing petrochemical products and growing our energy industry.”

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Official statement from Premier Danielle Smith and Energy Minister Brian Jean on the start-up of the Trans Mountain Pipeline

Published on May 1, 2024

Government of Alberta

Alberta is celebrating an important achievement for the energy industry – the start-up of the twinned Trans Mountain pipeline. It’s great news Albertans and Canadians as this will welcome a new era of prosperity and economic growth. The completion of TMX is monumental for Alberta, since this will significantly increase our province’s output. It will triple the capacity of the original pipeline to now carry 890,000 barrels per day of crude oil from Alberta’s oil sands to British Columbia’s Pacific Coast.

We are excited that Canada’s biggest and newest oil pipeline in more than a decade, can now bring oil from Edmonton to tide water in B.C. This will allow us to get our energy resources to Pacific markets, including Washington State and California, and Asian markets like Japan, South Korea, China, and India. Alberta now has new energy customers and tankers with Alberta oil will be unloading in China and India in the next few months.

For Alberta this is a game-changer, the world needs more reliably and sustainably sourced Alberta energy, not less. World demand for oil and gas resources will continue in the decades ahead and the new pipeline expansion will give us the opportunity to meet global energy demands and increase North American and global energy security and help remove the issues of energy poverty in other parts of the world.

Analysts are predicting the price differential on Canadian crude oil will narrow resulting in many millions of extra government revenues, which will help fund important programs like health, education, and social services – the things Albertans rely on. TMX will also result in billions of dollars of economic prosperity for Albertans, Indigenous communities and Canadians and create well-paying jobs throughout Canada.

Our province wants to congratulate the Trans Mountain Corporation for its tenacity to have completed this long awaited and much needed energy infrastructure, and to thank the more than 30,000 dedicated, skilled workers whose efforts made this extraordinary project a reality. The province also wants to thank the Federal Government for seeing this project through. This is a great example of an area where the provincial and federal government can cooperate and work together for the benefit of Albertans and all Canadians.

Alberta

Protecting the right to vote for Canadian citizens: Minister McIver

Published on May 1, 2024

Government of Alberta

Minister of Municipal Affairs Ric McIver issued the following statement in response to Calgary City Council’s vote to extend the right to vote to permanent residents:

“Yesterday, Calgary city council passed a motion advocating for permanent residents to be extended the right to vote in civic elections. Alberta’s government has been clear since the beginning: only Canadian citizens are able to vote in civic elections. That will not be changing.

“The Canadian Charter of Rights and Freedoms affirms the right of every Canadian citizen to vote and to run as a candidate. This right extends to voters in municipal, provincial and federal elections.

“Protecting our democracy is of the utmost importance. Our provincial election legislation, like the Local Authorities Elections Act, has also been clear since its inception that voting is a right of Canadian citizens.

“Alberta’s government is also ensuring that voting is accessible for more Albertans. The Municipal Affairs Statutes Amendment Act proposes to enable special ballot access for any voter who requests it, without having to provide any specific reason such as physical disability, absence from the municipality or working for the municipal election. The ministries of Seniors, Community and Social Services and Service Alberta and Red Tape Reduction are also making it easier for individuals to obtain the identification Albertans need for a variety of services, including the ability to cast a ballot.

“Our government will continue to protect the integrity of our elections and make sure voting is accessible for all Albertans who are Canadian citizens.”