January 2015

Issue link: http://read.dmtmag.com/i/439781

Contents of this Issue


Page 56 of 83

TOM VAN DUSEN JR. has written for daily and weekly newspapers in Canada for more than 40 years. A freelancer based near Ottawa, Ont., his specialties include the general economy, politics, agriculture and the environment. He can be reached at 613-445-3407, tomvandusen@sympatico.ca. January 2015 | Construction Equipment Distribution | www.cedmag.com | 55 Equipped to Cover Your Insurance Needs Proper coverage for you, your employees and equipment is our paramount focus at Fairview Insurance Agency. In conjunction with Samsung Fire & Marine Insurance, rated A++ by AM Best, we have specifically created tailored coverages that addresses the distinctive types of mishaps and risks your company faces every day. To learn more, contact: Cheryl A Graham Fairview Insurance Agency Associates, Inc Tel: 800-452-5376 Fax: 856-424-7933 Email: cgraham@fairviewinsurance.com www.fairviewinsurance.com Untitled-2 1 11/18/2014 11:31:43 AM In 2015, pipeline construction is expected to remain the dominant opportunity for equipment dealers and operators. e highest profile project is the proposed 36-inch diameter, 1,179-mile Keystone XL line that would deliver crude oil from Hardisty, Alberta, to Steele City, Neb. Energy East Lesser known – at least in the U.S. – is another Trans Canada Corp. project called Energy East that would transport up to 1.1 million barrels of crude a day some 2,858 miles from Alberta and Saskatchewan to terminals in Quebec and New Brunswick. While it has the advantage of not cross- ing an international border, $12 billion Energy East – a combination of converted natural gas pipeline and new pipe – is still meeting opposition at every turn, including cross-provincial barricades. With public briefings wrapped up late in 2014, Trans Canada is settling into the approval process before the National Energy Board of Canada (NEB), hoping for completion of the project toward the end of 2018. Trans Canada's formal application to the NEB will be considered early in 2015. If approved, the oil delivery system is expected to support 1,400 full-time construction jobs across the country and generate $7 billion in tax revenues. e NEB application follows 18 months of environmental studies, engineering work and public consulta- tion, one of the most extensive regulatory applications in Trans Canada's history. "To start, Energy East will deliver 700,000 barrels a day from west to east, eliminating the current need for imports in Eastern Canada from the U.S., Saudi Arabia and Nigeria," said project spokesman Tim Duboyce during a recent open house. Duboyce said Trans Canada has no intention of capitalizing on the pipelines-versus-trains debate. Trains will remain an essential part of the oil transportation mix, he indicated. Trans Canada prides itself in being a willing, effective environmental steward, the spokesman insisted: "If we didn't respect and protect the land we cross as much as the landowners who grant us easements, we would be putting our reputation and business at great risk." n >> IN CANADA Please visit us in CONDEX Booth 822

Articles in this issue

Links on this page

Archives of this issue

view archives of CED - January 2015