Scenario description
Assume that by 2027-03-31, Canada’s federal one-year major-project review-and-decision framework under the Building Canada Act remains implemented and operational for national-interest natural-resource or trade-corridor projects, with the Pacific Link pipeline designation still active and no court order, federal policy reversal, or federal-provincial/Indigenous process impasse materially preventing the federal fast-track review path from being used. MarketBrief reports that Pacific Link is a proposed Alberta-to-near-Vancouver oil pipeline intended to export 1 million barrels per day of crude to Asian markets and that construction is scheduled to begin in September 2027, so this scenario concerns permitting-regime durability rather than completed construction.