The Financial Post reports in its Wednesday, Sept. 9, edition that Trans Mountain Corp., a pipeline operator owned by the Canadian government, is working at speed to boost the volumes it can ship from the West Coast to Asia as the war in the Middle East roils flows.
A Bloomberg dispatch to the Post reports that TMX is undergoing a major expansion as the conflict curbs supplies, while a trade fight with the United States has also pushed Ottawa to seek partners elsewhere, chief executive officer Mark Maki said in an interview.
"It'll be heavy oil that wants to move," Mr. Maki said on the sidelines of the Asia Pacific Petroleum Conference in Singapore. "There's very strong demand for heavy oil in China."
Canada's trade relations have been impacted by disputes with the U.S., prompting a long-term push to strengthen ties with energy-hungry Asian economies. The plan is to increase the amount of oil that can be sent to the West Coast to 1.2 million barrels a day by the end of 2028, followed by a further one million barrels a day between 2032 to 2034, Mr. Maki said. "I see China as a growth market, and in India, Korea and Thailand."
The latest geopolitical upheaval has brought some of those moves forward, Mr. Maki said.
© 2026 Canjex Publishing Ltd. All rights reserved.