Trans Mountain has filed an application with the Canada Energy Regulator for a $4-billion optimization project that would add 210,000 barrels per day of capacity to its Edmonton-to-Burnaby pipeline system, potentially bringing the additional capacity online by the end of 2028. The proposal includes new pumping stations and about 30 kilometres of pipeline within the existing corridor and comes as Western Canadian oil production rises and Canada seeks greater access to Asian markets. Trans Mountain operated at a record 94% utilization in the second quarter of 2026, averaging 840,000 barrels per day, while 12–15% of Canadian oil exports now go to markets outside the U.S., compared with less than 4% before TMX entered service in 2024. Since then, more than 600 vessels have loaded at the Westridge Marine Terminal, with nearly two-thirds destined for Asia, highlighting the pipeline’s growing role in Canadian energy trade diversification.
