Canadians Back Pipeline Expansion as US Trade Tensions Rise

Four in five Canadians (79%) support expanding the country’s pipeline network from coast to coast as trade tensions with the United States highlight infrastructure gaps, according to an Angus Reid Institute survey released Wednesday.

The poll found nearly all provinces strongly support ensuring oil and gas pipelines run across the country. Atlantic Canada shows the strongest backing with 79% in favor, while support remains high even in Quebec.

Nearly all Canadian oil and gas exports currently flow to the United States, which receives 97% of Canada’s energy shipments. This dependence has gained attention amid recent US tariff threats.

The completion of the Trans Mountain pipeline expansion in 2024 has begun shifting this dynamic, enabling increased oil shipments to other countries. An Alberta Central report indicates non-US oil exports doubled in late 2024.

However, Canada still heavily relies on US refineries, importing over $15 billion in refined petroleum products in 2022. The country lacks sufficient east-west pipeline infrastructure to transport crude oil domestically without crossing the US border.

Nine in ten Canadians (91%) believe the country should reduce its trade dependence on the United States, according to the survey.

The online survey of 1,811 Canadian adults was conducted February 2-3, with a margin of error of +/- 2.2 percentage points.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

2 thoughts on “Canadians Back Pipeline Expansion as US Trade Tensions Rise

  • February 7, 2025 12:26 PM at 12:26 pm
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    Better to invite tenders to build a refinery in Alberta for Ft Mac crud. If China will finance, we can reduce our vulnerability to US failures to respect the treaties/agreements they have signed.

    Reply
    • February 7, 2025 3:53 PM at 3:53 pm
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      Don’t hold your breath. These companies are allergic to capex, and paying Canadians to add value to the product is not a priority.

      Reply

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