Trans Mountain and Canada’s Energy Infrastructure

Join Canadian Club Toronto on May 11 for a timely and thought-provoking discussion on nation-building projects, featuring Mark Maki, President and CEO of Trans Mountain Corporation, and Elizabeth Wademan, President and CEO of Canada Development Investment Corporation (CDEV). Completed in May 2024, the Trans Mountain expansion tripled capacity on Canada’s only crude oil pipeline to Pacific tidewater. Spanning more than 1,180 kilometres from Alberta to British Columbia’s coast, it stands as one of the most significant and complex infrastructure projects in modern Canadian history. Today, over 65 percent of shipments from the West Coast go to Asia, opening important new markets for Canadian oil. CDEV operates at the intersection of public policy and private markets, serving as the federal government’s active asset manager and financial advisor, with oversight of more than $75 billion in assets and initiatives, including Trans Mountain. Mark and Elizabeth will explore how the expansion is reshaping Canada’s position as an energy superpower—strengthening trade relationships, particularly across Asia, and enhancing long-term competitiveness, energy security, and economic resilience in an increasingly uncertain geopolitical environment. As Canada enters a new phase of energy and infrastructure development, this discussion will focus on what it takes and what comes next.