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CME welcomes NEB decision on Line 9 pipeline

Published by Frank Defalco on March 06, 2014

OTTAWA - The National Energy Board (NEB) approved the application from Enbridge for the reversal of its existing pipeline pumping oil between southern Ontario and Montreal.  Canadian Manufacturers & Exporters welcomes the approval by NEB as being beneficial to Canadian manufacturers who depend on building and expanding capacity to get the oil to market.

CME’s recent report on the oil sands development clearly shows how critical that Canada and its provinces support the development of new pipeline capacity, linking Alberta’s oil sands to customers both domestically and around the world. “It is clear the oil sands generates economic opportunities for manufacturers across Canada particularly with manufacturers of supply chains in the oil sands, “ noted Jayson Myers, CME President and CEO.

With the promise of billions more in investment in the coming decades in Alberta`s oil sands, Canadian manufacturers have a significant opportunity to not only continue selling into the oil and gas supply chains, but expanding their business as investment grows. Myers added, “NEB has shown leadership and wisdom to investors in manufacturing supply chain that the ability to get product to market continues to be a priority in Canada.”

Line 9 originally pumped oil from Sarnia to Montreal, but was reversed in the late 90s in response to market. Enbridge now wants to flow oil back eastwards to service refineries in Ontario and Quebec. It has also asked for permission to move different types of oil, including a heavier form of crude.

Canadian Manufacturers & Exporters (CME) is Canada’s largest trade and industry association, and the voice of manufacturing and global business in Canada

The association represents more than 10,000 leading companies nationwide. As Canada's leading business network, CME – through various initiatives including the establishment of the Canadian Manufacturing Coalition – touches more than 100,000 companies from coast to coast, engaged in manufacturing, global business and service-related industries.

CME's membership network accounts for an estimated 82 per cent of Canadian manufacturing production and 90 per cent of goods and services exports.

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