11:25:18 EDT Mon 06 Jul 2026
Enter Symbol
or Name
USA
CA



Pembina Pipeline Corp
Symbol PPL
Shares Issued 581,478,844
Close 2026-07-03 C$ 66.85
Market Cap C$ 38,871,860,721
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Globe says Pembina hears Roberts Bank expanding

2026-07-06 08:04 ET - In the News

The Globe and Mail reports in its Saturday, July 4, edition that Vancouver's port authority is moving forward with plans for an artificial island facility to load containers off Roberts Bank. The Globe's Mike Hager writes that it, however, remains unclear if the facility will be upgraded to accommodate the world's largest tankers for shipping Alberta bitumen to Asian markets. Prime Minister Mark Carney and Alberta Premier Danielle Smith announced an agreement on Thursday to develop a new pipeline to British Columbia's south coast. Alberta proposes a route following much of the existing Trans Mountain pipeline before splitting off in the Fraser Valley to hug the United States border before ending at Roberts Bank. The Vancouver Port Authority says the expansion of the RBT2 container terminal is totally separate from the proposed pipeline and that there have been no talks regarding the pipeline route proposed by Alberta. It said the proposal is still at a conceptual stage and scant details have been provided. Premier Eby said Thursday that Ottawa will provide $10-billion to support the expansion. He did not say why the project would get far more money than the port's estimated cost of $3.5-billion.

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