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Pembina Pipeline Corp. will proceed with two pipeline expansion projects in British Columbia and Alberta, totaling $425 million. The projects are expected to come into service in 2026. The first project includes a 95-kilometre pipeline in British Columbia, costing $310 million, capable of transporting 120,000 barrels per day of natural gas liquids.

The second project is a $115-million pipeline connecting Taylor, B.C., to a pump station in Gordondale, Alberta. The company reported fourth-quarter earnings of $489 million for 2025, down from $572 million, with revenue decreasing from $2.15 billion to $1.91 billion.