Inventory of Major Alberta Projects Pipelines Alberta Enterprise and Advanced Education June 2012 4th Floor, Commerce Place Edmonton, Alberta T5J 4L6 Inventory of Major Alberta Projects Introduction The Inventory of Major Alberta Projects is produced by Alberta Enterprise and Advanced Education to assist firms in identifying potential supply opportunities. The Inventory lists construction projects in Alberta valued at $5 million or greater that are planned, underway or have recently been completed. The report also identifies projects that have been put on hold or deferred. Project data is obtained from public and private information sources. Where possible, this data has been verified with the project proponent/developer; however, users of the Inventory may wish to confirm project data with the proponent/developer. While efforts have been made to obtain the most recent information, it should be noted that projects are being constantly re-evaluated by industry. Although the Inventory attempts to be as comprehensive as possible, some information may not be available at the time of printing, or not published due to reasons of confidentiality. New information as of March 2012: Each quarter, projects that have been on hold for two years or more will be removed from the report. The information will be saved so that if these projects proceed at a future date, they can be included in the Inventory. New information as of June 2012: Prior to this report, if information about the construction dates for a proposed project was known, the dates were shown in the Remarks column (proposed for 20xx). Beginning with the June 2012 report, the construction dates will appear in the Construction Schedule and the word Proposed will be in the Remarks column. The Inventory can be accessed on the Internet at http://www.albertacanada.com/about-alberta/inventory-of-major-projects.html. Later this year (at this point the exact date is unknown) the URL will change to http://www.albertacanada.com/business/statistics-and-publications/inventory-of- major-projects.html. New projects and (where possible) updated information on current projects is added to the Internet database on a monthly basis. The print edition of the report is produced quarterly. New projects added to the Inventory between April 1 and June 30, 2012 are shown in the New Projects table on page (v) and in upper case in the Project Description column in the body of the report. If you have questions or require additional information about the Inventory of Major Alberta Projects publication, contact: Alberta Enterprise and Advanced Education Kathy Dumaresq Phone: 780-427-6787 Fax: 780-422-0061 Email: [email protected] Inventory of Major Alberta Projects Table of Contents Page Highlights of the June 2012 Inventory of Major Alberta Projects ...................................... i Map Showing Value of Inventory of Major Alberta Projects by Economic Region ........... iii New Projects Added April – June 2012 ........................................................................... v Projects Completed April – June 2012 ............................................................................ ix Summary Table ............................................................................................................... xi Project Sectors Agriculture & Related ................................................................................................. 1 Biofuels ...................................................................................................................... 1 Chemicals & Petrochemicals ..................................................................................... 2 Commercial/Retail ...................................................................................................... 2 Commercial/Retail & Residential................................................................................ 8 Forestry & Related ..................................................................................................... 8 Infrastructure .............................................................................................................. 8 Institutional ............................................................................................................... 29 Mining ...................................................................................................................... 39 Oil & Gas ................................................................................................................. 39 Oil Sands ................................................................................................................. 40 Other Industrial ........................................................................................................ 46 Pipelines .................................................................................................................. 46 Power ....................................................................................................................... 49 Residential ............................................................................................................... 51 Telecommunications ................................................................................................ 58 Tourism/Recreation .................................................................................................. 58 Highlights of the June 2012 Inventory of Major Alberta Projects Report In June 2012 the value of the Inventory of Major Alberta Projects was $193.5 billion, up from $188.2 billion in June 2011. The current Inventory is comprised of 874 projects. The sector with the largest number of projects is Infrastructure with 292, valued at nearly $19.7 billion. The second largest sector is institutional with 125 projects valued at close to $8.4 billion. The sector with the largest dollar value is Oil Sands. At the end of June there are 62 oil sands projects (mines, in-situ extraction and upgraders) with an estimated value of $125.8 billion. These projects are either under construction or scheduled to begin construction within the next two to three years. A number of oil sands projects have additional phases, but the capital values of these future phases are not included in the current report. As of the end of June 2012 the Inventory includes 19 projects with a value of $1.4 billion that are on hold. In June 2011 there were 55 deferred projects valued at $21.2 billion. Currently the residential category has the largest number of deferred projects at seven. One hundred and twenty-one new projects were added to the Inventory between April 1 and June 30, 2012. The estimated construction value of these new projects is nearly $9.0 billion. The largest project in terms of dollar value is the Anthony Henday Road NE valued at $1.8 billion, followed by the proposed CNRL ‘Grouse’ oil sands project ($1.5 billion) and the proposed MEG Energy / Devon NEC ‘Access’ pipeline expansion from Edmonton to RM of Wood Buffalo ($1 billion). These gains were offset by the cancellation of the TransAlta/TransCanada Pipeline ‘Project Pioneer’ Carbon Capture project valued at $1.4 billion. Forty per cent of the 121 new IMAP projects are infrastructure projects (roads, bridges, water/sewer, government office buildings, RCMP/police/fire stations, LRT lines and transit centres) valued at $2.7 billion, while another 15 per cent are commercial/retail projects (shopping centres, office towers, warehouses) with a value of $205 million. Twelve per cent are residential projects (apartment buildings, townhouse complexes, affordable housing) valued at $325 million. Ten per cent of the new projects are institutional projects (schools, hospitals, post-secondary education, seniors lodges/continuing care/supportive housing projects) with an estimated construction value of $706 million. Tourism/recreation projects made up eight per cent of new projects in the report. This sector includes hotels / motels, recreation centres, swimming pools and construction undertaken in federal / provincial / municipal parks. The value of the tourism/recreation projects added totaled $192 million. Six per cent of the 121 new projects are in the oil sands sector, with a value of nearly $3.4 billion. Pipelines accounted for four per cent of the new projects with a value of almost $1.2 billion. The remaining 5 per cent of new projects (valued at $261 million) are shared among the mining, oil & gas, power and other industrial sectors. i Value of Projects ($Million) by Economic Region as of June 2012 1 2 3 6 4 5 1. Wood Buffalo –Cold Lake $ 112,461.5 7 2. Athabasca-Grande Prairie $ 13,452.6 3. Edmonton Region $20,706.2 8 4. Banff-Jasper-Rocky Mtn. House $ 1,481.2 5. Red Deer Region $ 1,844.7 6. Camrose-Drumheller $ 2,983.1 7. Calgary Region $ 20,801.6 8. Lethbridge-Medicine Hat $ 2,620.8 Provincial Total $ 193,489.1 Note: The sum of the economic regions does not equal the provincial total. Some projects such as pipelines cover more than one region, and those are not included in this table. iii New Projects Added April to June 2012 Cost In $ Region/Municipality Project Description Millions 1. Wood Buffalo/Cold Lake Cold Lake South Fire Hall Expansion/Replacement $7.0 County Of St. Paul 2012 Roadworks Projects (Including Bridges) $8.9 RM Of Wood Buffalo South Cheecham Rail and Truck Terminal Phase 1 $90.0 MD Of Bonnyville 2012 Road Paving $6.0 MD Of Bonnyville 2012 Gravel and Oil Road Maintenance $10.6 MD Of Bonnyville 2012 Gravel Roads Program $7.1