00:06:30.040We are building the future of nuclear energy with the first small modular reactors in the
00:06:35.540G7 and the first large-scale nuclear facilities in decades.
00:06:40.820If there is one thing we can all agree on, it's this.
00:06:45.080We need to take action now to protect Canadian jobs and Canadian families.
00:06:50.680We need to move quicker, faster, immediate.
00:06:53.880That is why I'm thrilled to be here today making progress on our agreement from last
00:06:59.340year as we unveil the route for the Northern Shield Energy Corridor.
00:07:05.000The Northern Shield Energy Corridor will include a new pipeline built using Canadian steel
00:07:11.320by Canadian workers that will bring oil from Haunted City, Alberta to new and expanded
00:07:17.600refineries in Sarnia, Ontario, including Sarnia's vital energy and shipping routes.
00:07:24.540The Northern Shield Energy Corridor would move on an estimated half a million barrels
00:07:29.400of oil per day, with the ability to expand to 800,000 barrels per day, bringing new capacity
00:07:36.120to Ontario refineries and delivering critical redundancy for existing pipelines while creating
00:07:43.000good-paying jobs for Canadian workers along with the entire route. The Northern Shield Energy
00:07:49.080Corridor will create new opportunities for Indigenous people including equity partnerships,
00:07:55.480job training and community investments. I was thrilled to hear from Premier Smith announced
00:08:01.160last week our government's plan to double oil sales production there's no place i'd rather bring
00:08:08.120some of that oil than right here in alberta shipping it over to ontario through the northern
00:08:14.680shield energy corridor to fuel our province's economic growth and help create new opportunities
00:08:21.400for alberta workers it's a win win win a win for ontario a win for alberta and a win for all of
00:08:28.760Canada. While today is an exciting milestone, there's still a lot of work ahead of us to deliver
00:08:35.080on the Northern Shield Energy Corridor. Ontario will continue to advance its feasibility study,
00:08:41.080including by exploring new existing port options for pipeline extensions and potential strategic
00:08:48.280petroleum reserve. We'll define estimated costs, explore commercial options, and engage further
00:08:55.880with potential private sector partners. We've launched and will honor our duty to consult
00:09:01.640with Indigenous communities. This new route will also provide Government of Manitoba
00:09:08.120and the Manitoba Crown Indigenous Corporation with the opportunity to explore the feasibility
00:09:14.280of a pipeline extension to the Port of Churchill. The Northern Shield Energy Corridor is a critical
00:09:21.400next step in building a more united more prosperous and more resilient canada it's a change chance to
00:09:29.160create good paying jobs that will bring our country together and it's a chance to make our
00:09:35.640country and our continent safer or more secure i look forward to working with premier smith
00:09:41.800and all my premiers to get this done. Thank you, and God bless the people of Candace.
00:09:50.600Thank you, premiers. We'll now go to our immediate Q&A portions. We'll take one question,
00:10:00.040one follow-up, and a reminder to reporters in the room to please say your name before
00:10:03.640asking a question with our media might just on the side here yeah the arms are
00:10:07.800around the development going to our first question mate go ahead yeah emigrating with
00:10:13.080the globe and mail um first question off the bat i mean who are you planning and this is probably
00:10:17.720for premier afford where he gets his breath yeah who are you planning is going to pay for this
00:10:24.040multi multi-billion dollar project do you think we're private people public do you have any
00:10:28.200companies in mind well we'll look up uh that's where we're doing the feasibility study
00:10:33.400we'll reach out to the private sector but we won't hesitate to do what the government of
00:10:38.600Canada and Alberta is doing. So let's take a look at all options and once we have an answer and we
00:10:46.520will have this time by the end of the year then we'll be able to give you a straighter answer.
00:10:50.600So you're open, sorry, Premier, Premier Smith, sorry.
00:10:53.640Well you see I think the thing to remember about pipelines is they're an excellent
00:10:57.400investment that's why we have underwritten pipeline purchases and an equity stake for
00:11:02.440first nations because they they are revenue generating projects and so ultimately who pays
00:11:07.800for them is the people who use them the shippers that pay through tolls and we've already seen that
00:11:12.200with the trans mountain pipeline yeah the federal government did front the money but they're now
00:11:15.960earning 1.2 billion dollars per year to pay it back and that's why it's a it's a bit of a different
00:11:20.840type of infrastructure question than whether you're you're building public infrastructure
00:11:24.840because it is a revenue generating business and so i'm looking forward i i always hope that we
00:11:29.320we can have private partners come forward on this because that also allows
00:11:32.320us to have the market discipline but I'm pretty cool that the premier Ford is
00:11:36.580willing to look at all the options I just want to clarify and then I do have
00:11:39.880a follow-up to clarify you're open to it being paid for by taxpayer dollars well
00:11:45.340we're going to do that feasibility study then we'll be able to go from there but
00:11:48.340I think it's a great investment no matter if it's the government that will
00:11:53.020get a good ROI over a certain period of time I always prefer looking at private
00:11:58.780sector investing and I think it's going to be an incredible project folks this
00:12:03.700is a historic announcement that no one would ever think in a hundred years this
00:12:09.540would be done with a great leadership of the Premier Smith ready to get this
00:12:15.640agreement moving forward and it's going to benefit everyone it's going to
00:12:19.660benefit Ontarians, Albertans and most importantly everyone from coast to coast
00:12:24.540to coast so that's what we're focused on it's going to create thousands and
00:12:28.360thousands of great paying jobs and we have to focus on our economy we have to
00:12:32.860make sure we're self-reliant self-sufficient on everything no matter
00:12:36.520this great Alberta oil coming to Ontario or critical minerals being shipped out
00:12:43.240west and around the world or great nuclear capabilities folks we are an
00:12:49.460economic powerhouse around the world and now we have to unleash that powerhouse
00:12:55.100Make sure that everyone in the world, we can ship where it is oil, Ontario's nuclear, and the critical minerals.
00:13:05.240Not to mention our good friend Scott Moe, that he had a run, I love the guy.
00:13:09.860Look at potash, look at uranium that he's delivering.
00:13:13.860So it's a Team Canada approach, and we need to make sure that we get government out of the way, support when we can, but let's start moving.
00:13:24.180This is a race first out of the gate, basically, and we plan, Team Canada plans on making sure we're first out of the gate.
00:13:33.060And my follow-up here, and speaking of Team Canada, have you spoken with Premier Canoe about this?
00:13:37.580How does he feel about it, and how do you envisage a kind of Arctic gateway situation?
00:13:42.440Because that was going to go kind of through the north, and this is very much now, so it would make that a lot more expensive.
00:13:47.000Well, I think the world of Premier Canoe, I've said it a hundred times, I think the guy's a champion.
00:13:51.520He has to consult a little more with his folks in Manitoba, but we'll work something out, and I'm 100% behind
00:13:59.520putting a pipeline up to Churchill and getting an icebreaker and start delivering it around the world
00:14:06.520so we can continue to be an energy powerhouse.
00:14:11.520Chris Farmer with the Calgary Herald. Two-fold question for your Premier Ford.
00:14:15.520First off, what are the next steps and the timelines, and then secondly, if everything went according to your plans, how quickly might you be able to get this pipeline built?
00:14:25.520Well, first of all, we're communicating with 77 indigenous communities, which play an absolute critical role in this, and we're going to do this feasibility study.
00:14:35.140We'll be docked out before the end of this year, and then we'll be able to roll it out.
00:14:39.720We've already put a plan together where the pipeline, we've been actually working on this for over the last year and we have some real, real experts in the province that put a pipeline route all the way through Ontario, from Alberta, through Manitoba and Saskatchewan, with the approval of obviously Saskatchewan and Manitoba.
00:15:04.520I'm sorry, do you have a timeline of when it might actually be built?
00:15:07.120I'll have a better idea once we do this feasibility study, but we are going to hold back, we're going to go full steam ahead.
00:15:13.460We have great steel companies in Ontario, and I understand, so does Saskatchewan, so does Manitoba, so we're all going to pitch in, but we have to make sure it's Canadian steel.
00:15:24.840And a follow-up here for Premier Smith. Premier, you've got already in the works 1.2 million barrels a day with some of the expansions that have already been announced.
00:15:32.320Then you've got an additional 1 million barrel a day pipeline that will go to the West Coast if it gets built.
00:15:37.320Now you're talking about an additional 500 to 800,000 barrels a day on top of that.
00:15:42.320How is the industry going to fill it, and do you think there's actually going to be a demand for this much capacity?
00:15:48.320Well, I think we have to look at the time frame.
00:15:50.320I mean, I've said that we wanted to double oil and gas production over 10 to 15 years.
00:15:55.320And so when you think of when I made that promise, we were at 3.7 million barrels per day in production, we're at 5 million barrels per day right now.
00:16:03.320If you look at all of the projects that had at previous points been approved and gone through permitting, but stopped because we didn't have pipeline access, that comes up to about 2 million barrels a day right there.
00:16:14.320I've talked to a number of different companies already.
00:16:16.320Every time I meet a producer, I say, what is your current production and how quickly could you expand?
00:16:23.320found and there's some examples I could give you so I got that question to
00:16:26.560Imperial and they said they have 450,000 in production they have the capacity to
00:16:31.240go to 900,000 I asked the question we look at Blackrod as well they launched
00:16:36.040with 37,000 Greenfield with PersagD they have the ability to go up to 80,000
00:16:40.960talked to another oil science producer they said that they have a 300,000 site
00:16:45.560could go up to 700,000 so that's only three companies so I think that if you
00:16:49.660look at how we stage it, if we get the incentives right, we get the environment right to do
00:16:54.660new greenfield development over 10, 15 years, I have absolute confidence that we'll be able
00:16:59.100to do it. Remember, we are one of the largest reserves on the planet. We've got 177 billion
00:17:04.100barrels of recoverable reserves of today's technology. About 1.8 trillion barrels of
00:17:09.220oil in place. So I think we've got to think big. And we thought I'd be looking at being
00:17:13.320one of the top three energy producers and exporters in the world.
00:17:19.660I'm Felix from Radio Canada. About oil transiting through this potential future pipeline, will it mostly be for domestic use or exportation?
00:17:32.660Well, we use about 400,000 barrels a day, and if we bring in 500,000, well, hopefully
00:17:41.200we have some reserves for a rainy day, but wouldn't it be great, folks, if we could bring
00:17:48.000this pipeline with across the country, right over to Irving?
00:17:51.540I think that would be absolutely beautiful.
00:17:54.060It would be beautiful for the East Coast provinces, and it would be beautiful for the people of
00:18:00.660Quebec as well, but that's up to them.
00:18:02.160i'm going to focus on ontario and building this pipeline to ontario then it's up to the elected
00:18:07.760officials uh east of ontario to make that decision and i'll just say we already do take oil up the
00:18:15.200seaway from line nine and it gets refined to be back and so this is an opportunity for us to
00:18:20.880support uh quebec with existing infrastructure and we'll be looking at seeing whether or not
00:18:26.080those ships can make it up and over and go to eastern canada to feed those refineries and
00:18:31.040whether we'd be able to go on to Europe so I think that regardless of whether we get additional
00:18:35.840pipeline built we do have the now access and with additional capacity we'd be able to to
00:18:41.520increase our exports to uh to come back to eastern as well so the pipeline through like that goes
00:18:47.760towards the west coast have like like capture like carbon capture uh plants and then into it
00:18:54.800is it the same thing same thing here or is it not this idea the agreement that we had with the
00:18:59.440federal government and partnering on the west coast pipeline which is our priority and i think
00:19:03.120we're both very keen to get to get that to market very quickly we're a little we're quite a bit more
00:19:08.240advanced on that one since we have a project design we've got a private proponent who's come
00:19:12.640forward we've got the federal government willing to partner with us um the the we have heard from
00:19:18.080the federal government that they wanted to link those two uh we had the the pathways project
00:19:22.400linked with that west coast pipeline and so we're going to to be committed to continuing along that
00:19:26.720path and remember the pathways project has three parts to it one part is the carbon capture trunk
00:19:32.160line but the other part is best available technology and whether that's a nuclear or
00:19:37.760geothermal that allows us to decarbonize that's going to be available to any operator once once
00:19:42.880those uh once those types of technologies are mature and once we've built the intertimes between
00:19:48.240us and saskatchewan so i would say that there's going to be an opportunity to decarbonize all of
00:19:52.720our barrels once we start moving down that pathway in the coming years. Thank you very much.
00:19:59.440Angelica has several news. Premier Smith, the Selvo pipeline to the U.S. is fully subscribed.
00:20:05.520It has signed contracts with so many oil producers it will be full for the next 20 years.
00:20:10.240The Cardi pipeline project has no customers signed up. Isn't it obvious that no one in the industry
00:20:15.200actually believes this is going to be built? Certainly not enough to put their own money into
00:20:19.200it well thanks for the nice neutral question i would say it's a good premature to make that point
00:20:27.280i think that what we've done with our west coast pipeline is announced an intention for the federal
00:20:31.760and provincial government to work together we've got a private proponent we have to make sure that
00:20:35.440we can get all of the indigenous consultation and ownership state make sure that we do the
00:20:40.960environmental approvals and i have absolute confidence with the conversations that we've
00:20:45.440been having with the pathways crew that we will get those commitments remember you can start a
00:20:49.600pipeline and with a smaller amount going through it and then you can do compression just like we're
00:20:54.000seeing with the trans mountain pipeline they began with a little bit of a smaller volume but they're
00:21:00.160also increasing now up to 300 000 barrels i think it's our job to make sure that we can expand the
00:21:06.000industry by two million barrels so not only can we fill the south bow line we can fill the west
00:21:10.160coastline we can fill our new northern what we're calling yours north shield northern shield our
00:21:19.520new northern shield pipeline uh and uh and also uh be able to serve north south east west i mean
00:21:26.640this is the the whole point of what we were trying to do in building an economic corridor
00:21:30.160so i think it was a great project we have to remember a few years ago we were talking about
00:21:34.320projects in all direction you know northern gateway keystone and energy east and for various reasons
00:21:39.360for each of them because of regulatory uncertainty or because of permits being cancelled they ended
00:21:45.040up all stalling so this is uh resurrecting all three of those concepts uh perhaps on
00:21:50.160different quarters with some different partners but i feel like the industry was there
00:21:54.00010 years ago they can be there again this is my follow-up for prima ford we saw pictures
00:21:58.800of you campaigning at the calgary stampede are you trying to shore up support to challenge pier
00:22:03.120I'm going to use it with the Toronto media, this is like a church picnic compared to the
00:22:32.120Thank you. We have time for one, maybe two more questions.
00:22:36.120Hi, I'm Rick Sarley, CC News. Are you planning to send this project to the Major Projects Office?
00:22:43.120We're talking to the Major Projects Office. We had a meeting yesterday.
00:22:49.120You know, Don's an extremely, extremely brave person. Oh my goodness.
00:22:54.120And we just hit it off when we had a chat, so we're going to be working hand in hand with her office.
00:23:01.120And is there an essential timeline on that?
00:23:04.120We're doing it right now, actually. We're working alongside with them.
00:23:08.120So we're going to keep digging deep and crossing the T's, nodding the I's, and making sure it's a feasible project, which we believe it will be.
00:23:17.120We have to be self-sufficient. We can't rely on anyone else. We have all the tools in the toolbox right across our country.
00:23:24.120Let's unleash those, you know, our economic strength and create more.
00:23:29.060This is all about creating Canadian jobs and Canadian families and putting people to work with great-paying jobs.
00:23:37.040I always say a better job with a bigger paycheck.
00:23:41.880And we have time for one last question.
00:23:47.820Okay. So just given the fact that the water issue, the question isn't going to be asked,
00:23:57.820you got rejected by elections. Alberta, where do we go from here? What do you have to say to that?
00:24:01.820Well, you know, I want to thank everyone for participating in the citizen initiative process.
00:24:06.820It does always give an opportunity for those who care passionately on an issue to share their views with the public
00:24:12.820and also share their views with government. I've had a chance to meet with Mr. Lund,
00:24:16.820And I told him that if his petition was not successful, let's work together on addressing some of the concerns that have been raised.
00:24:23.140We've already addressed them in substantive ways.
00:24:25.540We've purchased leases and freehold for over 40,000 hectares in this target area in response to the fact that people want these landscapes to stay pristine.
00:24:36.300We have also banned mountaintop removal and open pit mining on future developments so that we can make sure that we don't end up with potential selenium problems like we've seen elsewhere.
00:24:45.260And we're also mandating that you have to use the best available technology when it comes to water management.
00:24:51.520Some of that includes underground mines, which is the case for the Valero project.
00:24:55.280So we know that this has been an issue for some time.
00:24:58.220We've responded to it through the various policies that we have.
00:25:01.940There may be more that we can do, but we'll continue to have that conversation.
00:25:12.580Well, Premier Ford, you said back in May that Premier Smith was putting an independence question on the ballot to protect her 30% base. Have you two spoke?
00:25:21.360Well, let me talk about that. I think the world of Premier Smith, first of all. And we're focused on a pipeline. I know, let me get to the chase here.
00:25:33.700The previous federal government, not this one, the previous federal government treated Alberta like garbage, like tear hair.0.97
00:25:42.240I've never seen anything as bad as that.
00:25:44.940So, I know that Premier Smith wants a proud, sovereign Alberta part of Canada.
00:25:51.800And, again, we're there to support her.
00:25:54.520It's Team Canada will do anything we can.