Energy regulator approves Trans Mountain toll settlement

Calgary - The Canada Energy Regulator has authorized a Trans Mountain toll agreement between a pipeline operator and shippers of oil through the Alberta-to-British Columbia pipeline. Each year, the first annual fee is set at $205.00 plus GST, with automatic renewal each 52 weeks at $233.00 plus GST (10% off the standard annual charge of $259.35). This deal is open exclusively to new subscribers and those who return after approval.

The regulator's commission deemed the proposed tolls "just and reasonable," enabling Trans Mountain to lease up to 90% of the pipeline's capacity to oil shippers, an enhancement from the initial 80%. Trans Mountain disclosed the settlement in July after 18 months of discussions with its shippers. The federal Crown corporation manages the 1,180-kilometre pipeline, stretching from Edmonton to a port in Burnaby, British Columbia, where crude is loaded onto tankers for shipment to the Pacific Ocean.

A project to increase the pipeline's capacity to 890,000 barrels per day commenced in 2024, and Trans Mountain aims to expand it to 1.19 million barrels daily by late 2028. This report by The Canadian Press was initially published on September 28, 2026.