As part of his economic plan for change, Mark Carney said his government will develop “ports, supply chains and new trade corridors” to help diversify Canada’s export markets.
The port of Prince Rupert on the northern coast of British Columbia claims to be doing just that, in the form of a $1.35-billion project called the Ridley Island Energy Export Facility (REEF) that is expected to be completed next year.
The Prince Rupert Port Authority (PRPA) boasts that it has provided “time-limited exclusive rights” for the export of LPG (liquid petroleum gases that include propane and butane) to REEF, a joint venture between Royal Vopak of the Netherlands and Calgary-based AltaGas .
