CAPP Statement: 2021 NOVA Gas Transmissions Ltd. System Expansion Project Approval
October 20, 2020, Calgary, Alberta
CAPP welcomes today’s approval by the Government of Canada of the 2021 NOVA Gas Transmission Ltd. (NGTL) System expansion project. The Natural Gas industry is a pillar of Canada’s economy and fundamental to our post-pandemic recovery. This critical infrastructure expansion represents a $2.3 billion capital investment into the Canadian economy and will provide enhanced market access necessary for our vast, responsibly-produced energy. It will create 5,500 direct jobs during construction, increased municipal, provincial and federal taxes and other long-term economic benefits, including sub-contracting and job opportunities within Indigenous communities. Resolving major infrastructure constraints and bottlenecks without further delay is important to ensuring fair value for our natural resources. This will also contribute to additional employment and business opportunities while generating annual government revenues to support local services and investments in our communities.
-Tim McMillan, President and CEO, CAPP