{"id":527607,"date":"2026-03-10T21:09:14","date_gmt":"2026-03-10T21:09:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/527607\/"},"modified":"2026-03-10T21:09:14","modified_gmt":"2026-03-10T21:09:14","slug":"trans-mountain-oil-exports-doubled-in-2025-new-port-data-shows","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/527607\/","title":{"rendered":"Trans Mountain oil exports doubled in 2025, new port data shows"},"content":{"rendered":"<p>Canadian crude <a href=\"https:\/\/globalnews.ca\/tag\/oil\/\" target=\"_blank\" rel=\"noopener nofollow\">oil<\/a> exports shipped from the West Coast nearly doubled in 2025 to reach a new record, with most of it coming via the <a href=\"https:\/\/globalnews.ca\/tag\/trans-mountain-pipeline\/\" target=\"_blank\" rel=\"noopener nofollow\">Trans Mountain pipeline<\/a>, according to a new report.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/01\/70c8fc80.png\" alt=\"\" style=\"position:absolute;width:1px;height:1px\" referrerpolicy=\"no-referrer-when-downgrade\"\/><\/p>\n<p>This comes as <a href=\"https:\/\/globalnews.ca\/news\/11489014\/mark-carney-economic-speech-budget\/\" target=\"_blank\" rel=\"noopener nofollow\">Prime Minister Mark Carney aims to double Canadian exports to non-U.S. customers<\/a> amid the trade war and <a href=\"https:\/\/globalnews.ca\/tag\/donald-trump-tariffs\/\" target=\"_blank\" rel=\"noopener nofollow\">U.S. tariffs<\/a>, including for oil, liquefied natural gas and other resources.<\/p>\n<p>Record cargo volumes were shipped out of Canada\u2019s West Coast in 2025, the Vancouver Fraser Port Authority said in a report released Monday, with grain, crude oil and potash products leading the way.<\/p>\n<p>A total of 170.4 million tonnes of cargo were seen at the ports last year, which was up from 158.4 million in 2024.<\/p>\n<p>Exports of crude oil moving through the port in 2025 increased 95 per cent from the year before to reach 24.4 million metric tonnes (MMT), and crude oil volumes increased the most among all other types of exported products.<\/p>\n<p>Story continues below advertisement<\/p>\n<p>\u201cI want to recognize the entire port community for stepping up to support Canadians and their businesses during what are very challenging times for our country \u2014 we are stronger together,\u201d Peter Xotta, president and CEO of the Vancouver Fraser Port Authority, said in the release.<\/p>\n<p>\u201cAs Prime Minister Carney looks to double exports to non-U.S. markets in the next decade, the Port of Vancouver is playing an outsized role in delivering more made-in-Canada products to more customers globally.\u201d<\/p>\n<p>\t\t\t\t\t\t<img decoding=\"async\" class=\"c-video__image\" alt=\"Click to play video: 'Future of Trans Mountain pipeline expansion as long-awaited project opens'\" width=\"640\" height=\"360\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/03\/240501-HEATHER.jpg\" loading=\"lazy\"   data-\/><\/p>\n<p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t2:39<br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tFuture of Trans Mountain pipeline expansion as long-awaited project opens\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>The report adds that this came as the Trans Mountain expansion helped <a href=\"https:\/\/globalnews.ca\/tag\/alberta-oilsands\/\" target=\"_blank\" rel=\"noopener nofollow\">Alberta\u2019s oilsands producers<\/a> to increase the amount they sent to markets like China and South Korea.<\/p>\n<p>\t\t\t\t\t<img decoding=\"async\" width=\"170\" height=\"225\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/01\/1767930311_275_national.jpg\" alt=\"Get daily Canada news delivered to your inbox so you'll never miss the day's top stories.\"\/><\/p>\n<p>\t\t\t\t\tGet daily National news<\/p>\n<p>Get daily Canada news delivered to your inbox so you&#8217;ll never miss the day&#8217;s top stories.<\/p>\n<p>\u201cWe are uniquely poised to support Canada\u2019s bold trade goals because of decades of strategic investments in terminal and rail capacity,\u201d Xotta said.<\/p>\n<p>Story continues below advertisement<\/p>\n<p>\u201cWith nation-building projects like Roberts Bank Terminal 2 and Second Narrows dredging on the horizon, we\u2019re showing the world that Canada is open for business.\u201d<\/p>\n<p>Canada\u2019s oil and gas sector is also poised to benefit indirectly from the Iran war, as <a href=\"https:\/\/globalnews.ca\/news\/11714463\/iran-war-numbers-strait-of-hormuz\/\" target=\"_blank\" rel=\"noopener nofollow\">the Strait of Hormuz is effectively blocked<\/a>, putting 20 per cent of the global oil supply in jeopardy. This has led to significant spikes in the price of oil, which has generated <a href=\"https:\/\/globalnews.ca\/news\/11714626\/oil-price-increase-boost-alberta-saskatchewan-budgets\/\" target=\"_blank\" rel=\"noopener nofollow\">more revenue for Alberta and Saskatchewan\u2019s economies<\/a> in particular.<\/p>\n<p><a href=\"https:\/\/globalnews.ca\/news\/11716291\/iran-conflict-canada-energy-sector\/\" target=\"_blank\" rel=\"noopener nofollow\">The Iran war could also increase demand for Canada\u2019s oil exports<\/a> the longer the conflict goes on.<\/p>\n<p>Canada\u2019s Energy Minister Tim Hodgson has already received requests from other nations for more energy exports since the <a href=\"https:\/\/globalnews.ca\/tag\/iran\/\" target=\"_blank\" rel=\"noopener nofollow\">Iran<\/a> war began.<\/p>\n<p>\u201cYes, we can confirm that the Minister has been receiving calls from countries interested in Canada\u2019s energy exports,\u201d the minister\u2019s press secretary said in a written response to Global News on March 4.<\/p>\n<p>\u201cUnfortunately, we are not able to disclose which or how many countries have reached out.\u201d<\/p>\n<p>\t\t\t\t\t\t<img decoding=\"async\" class=\"c-video__image\" alt=\"Click to play video: 'Breaking down the impact of oil prices'\" width=\"640\" height=\"360\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/03\/GNMWARECONOMICIMPACTSTILL.jpg\" loading=\"lazy\"   data-\/><\/p>\n<p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t6:51<br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tBreaking down the impact of oil prices\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\tMore on Economy<br \/>\n\t\t\tMore videos\n\t\t<\/p>\n<p>Royal Bank of Canada published a report on Tuesday, written by senior economist Claire Fan and assistant chief economist Nathan Janzen, about how Canada could potentially benefit from higher oil and energy prices.<\/p>\n<p>Story continues below advertisement<\/p>\n<p>\u201cHigher energy costs curtail household spending, but other areas of the economy tied directly to energy production benefit,\u201d the report said.<\/p>\n<p>\u201cCorporate profits and government natural resource royalties rise alongside oil prices, and this is true for Canada and the U.S. as oil exporters.\u201d<\/p>\n<p>This means although consumers wind up paying more for higher energy prices, like at the gas pump, Canada\u2019s energy sector and governments will receive more revenues from the resources it exports to other nations.<\/p>\n<p>RBC also said that despite these economic benefits, there isn\u2019t likely to be much more investment in expanding Canada\u2019s oil sector. This, RBC said, is because of the high costs and long construction timelines, which makes them only worthwhile if energy costs remain high for the long term.<\/p>\n<p>The Vancouver port authority said <a href=\"https:\/\/globalnews.ca\/news\/11451955\/port-vancouver-moves-record-cargo\/\" target=\"_blank\" rel=\"noopener nofollow\">in September 2025 that it had already reached a record amount of cargo exports by the first half of that year<\/a>, with much of that made up of crude oil shipped to China.<\/p>\n<p>The federal government said in <a href=\"https:\/\/www.canada.ca\/en\/campaign\/trans-mountain.html\" target=\"_blank\" rel=\"noopener nofollow\">a post from March 2025<\/a> that the pipeline \u201chas and will continue to benefit our economy and Canadians,\u201d and added it will do this by: \u201cOpening new markets for Canadian energy exports, reducing our reliance on a single customer, and ensuring that Canada receives fair market value for its resources while maintaining the highest environmental standards.\u201d<\/p>\n<p>Story continues below advertisement<\/p>\n<p>The Trans Mountain Pipeline completed an expansion project in May 2024, which was six years after the government of Canada acquired the project from Kinder Morgan in 2018 for $4.5 billion.<\/p>\n<p><a href=\"https:\/\/globalnews.ca\/news\/10019634\/trans-mountain-pipeline-cost-analysis\/\" target=\"_blank\" rel=\"noopener nofollow\">Ottawa\u2019s total investment in the expansion project ballooned to nearly $35 billion.<\/a><\/p>\n<p>The federal government said in its March report that it \u201cdoes not intend to be the long-term owner of the project, and it will launch a divestment process in due course.\u201d<\/p>\n<p>\n\t\t&amp;copy 2026 Global News, a division of Corus Entertainment Inc.\t<\/p>\n","protected":false},"excerpt":{"rendered":"Canadian crude oil exports shipped from the West Coast nearly doubled in 2025 to reach a new record,&hellip;\n","protected":false},"author":2,"featured_media":527608,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,8334,46,5897,3241,108913],"class_list":["post-527607","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-donald-trump-tariffs","tag-economy","tag-iran","tag-oil","tag-trans-mountain-pipeline"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/527607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=527607"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/527607\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/527608"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=527607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=527607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=527607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}