Alberta is slashing red tape, introducing legislation that mandates a 120-day maximum approval period for major projects, including pipelines. This “accelerated process” is designed to bring certainty to industry, boost investment, and streamline government and regulatory coordination.
“Every delay impacts jobs, investment and the opportunity Alberta needs. Setting a firm 120-day approval timeline brings discipline to the process, restores investor confidence and ensures Alberta is one of the most competitive places in the world to build major energy projects,” said Alberta Premier Danielle Smith in a press release on Monday.
