CSV Midstream Solutions

Canada Day is a good time to talk about what this country has: one of the strongest industrial hands in the world.

The world’s second-largest natural gas reserves. Electricity costs for businesses roughly 30% lower than in the U.S., on par with China. Trade agreements covering most of the global economy.

Not a bad hand to hold.

For years, policy made those advantages hard to use. That's changing. Canada now has a real window to reindustrialize: to process more of what we pull out of the ground at home, using the cheapest industrial energy in the developed world, and keep the value-add here.

For the energy sector, that means natural gas powering Canadian factories instead of leaving as a raw input, more condensate processed domestically rather than importing roughly 260,000 barrels a day from the U.S., and sulphur from natural gas processing going into domestic fertilizer and critical mineral supply chains.

The first wave of major projects is moving toward final investment decisions. The infrastructure and the resources are here, and the window is open.

CSV is part of that story. Albright came online last year, and our network of facilities across the Peace Country is processing the gas that helps power this opportunity. Gold Creek, our next major facility south of Grande Prairie, will process natural gas and recover sulphur for domestic supply chains.

We're proud to be building here and Creating Shared Value in the communities where we operate.

A generation ago, midstream in northwestern Alberta was a different business. A competitor's problem stayed a competitor's problem. Companies competed in isolation, and when one plant went down, the others kept running and that was the end of it.

That world has changed, and operators now share infrastructure, sign decades-long commitments, and in many cases they treat one another's problems as their own.

We get asked a lot about how the Montney and midstream got here, so we did a deep dive on how projects in northwestern Alberta now get built for the long haul.

🟢 🔵 Read the full piece by Sarah Coleman in Rooted, with comments from Chris Dutcher, Holly Sorgen, and Daniel Clarke: https://www.csvmidstream.com/rooted/how-midstream-in-northwestern-alberta-is-being-built-for-the-long-haul/

Stefane Marion, chief economist at National Bank of Canada, hasn't been this optimistic about Canadian reindustrialization in more than a decade.

His case: Canada has a structural energy advantage that policy has kept it from using, and a recent federal change has opened the door.

Canadian businesses pay 60% less for electricity than the G7 average, and Canadian natural gas is among the cheapest in the world. Yet Canada has the smallest manufacturing sector in the G7, smaller than Ireland's. Whether the country acts on the opening is the harder question.

Rooted, CSV’s digital publication, sat down with Marion at the Spartan Controls Experience Industrial Innovation conference, and also heard from Nate Glubish, Alberta's Minister of Technology and Innovation. The province, he said, is months away from final investment decisions on gigawatt-scale projects, with data centre campuses among them.

CSV's future Gold Creek facility is designed to feed exactly that kind of build.

The plant would supply adjacent data centre campuses, recover sulphur for lithium and fertilizer supply chains, and ease Canada's reliance on U.S. condensate imports.

And a portion of revenue from the Gold Creek facility would go to a Creating Shared Value Fund, an arm's-length community committee model CSV’s Albright facility uses today, with money flowing to smaller rural and Indigenous communities further south.

🟢 🔵 Read the full piece by Sarah Coleman in Rooted: https://www.csvmidstream.com/rooted/one-of-canadas-top-economists-says-canada-has-a-window-now-to-rebuild-its-industrial-base/