Project stage · updated October 12, 2026
Projects awaiting a final investment decision in B.C. and Alberta
12 tracked projects, C$72B+ in disclosed Canadian-dollar cost. Proposed, pre-FID, on-hold and early-development projects. These are the projects where an investment decision would release the biggest contract packages. Read what FID means for contractors.
| Project | Province | Owner | Contractors | Status | Next milestone | Disclosed cost |
|---|---|---|---|---|---|---|
| Ksi Lisims LNG + Prince Rupert Gas Transmission (PRGT) | B.C. | Nisga'a Nation, Rockies LNG, Western LNG | PRGT: Surerus Murphy JV (onshore), Allseas (subsea) | Pre-FID | FID targeted by end-2026; construction early 2027 if approved | C$30B facility (federal 2026 figure) + C$10–12B PRGT |
| Tilbury Phase 2 LNG | B.C. | FortisBC Holdings | — | B.C. EA certificate and federal decision, both Sep 21 | Remaining permits; owner investment decision | C$3.1B (FortisBC projection) |
| Roberts Bank Terminal 2 | B.C. | Vancouver Fraser Port Authority | TerraMarine: Aecon (30%), FlatironDragados Canada, Van Oord, Carlson Construction Group (preferred proponent, landmass and wharf) | Preferred proponent named July 2026; design and early-works agreement expected Q3 2026 | Design-build agreement expected Q1 2028, then construction; completion mid-2030s | Not publicly disclosed |
| Centerra Kemess restart | B.C. | Centerra Gold | — | PEA (Jan 2026): after-tax NPV5% C$1.1B; pre-feasibility study expected 2027 | Pre-feasibility 2027; BC Hydro substation upgrade and permits on the critical path | Not publicly disclosed |
| Pacific Link oil pipeline | Alberta | Trans Mountain Corp. and APMC (equal); Pembina 10%, plus up to 10% more at COD | — | Listed Oct 1 under the Building Canada Act | MPO conditions document; earliest start Sep 1, 2027 | C$35.2–43.7B (preliminary, incl. contingency) |
| Keephills data centre (TransAlta) | Alberta | TransAlta (site and power) · CPP Investments and Brookfield | — | Non-binding MOU, Feb 27, 2026 | Definitive agreements and a ~230 MW PPA | Not publicly disclosed |
| Wonder Valley data centre | Alberta | — | — | Proposed; EPEA and Water Act approvals outstanding | Permit applications and decisions | Proponent claims ~C$70B at full build |
| TNE / Data District data centres (Phase 1) | Alberta | Technologies New Energy and Data District | — | Proposed (Alberta Major Projects) | Olds construction 2026; Bonnyville 2027 | C$1.26B (four sites) |
| Crusoe AI data centres with Kalina gas power | Alberta | Crusoe (power: Kalina Distributed Power) | — | Proposed (Alberta Major Projects) | Power plant and site approvals | C$3B (about C$1B per 170 MW plant) |
| Beacon AI Centers (Heartland and Indus) | Alberta | — | — | — | AUC decisions | Up to US$7.2B across the Alberta portfolio |
| Suncor Base Mine Extension (proposed) | Alberta | Suncor Energy | — | Early development; project descriptions filed with the AER and Impact Assessment Agency | Impact assessment; Suncor choosing among supply options | Not publicly disclosed |
| Canadian Natural growth projects (on hold) | Alberta | Canadian Natural Resources | — | On hold until definitive Oil Sands Alliance–Alberta–federal agreements are finalized | Agreements targeted November 2026 | Not publicly disclosed |
Next dates on these projects
| When | Type | Project | What happens | Buyer |
|---|---|---|---|---|
| Nov 2026 | Decision | Canadian Natural growth projects (on hold) | Oil Sands Alliance–Alberta–federal agreements targeted | Canadian Natural |
| Nov–Dec 2026 | Regulatory | Beacon AI Centers (Heartland and Indus) | AUC decisions on Beacon Heartland (proceeding 30518) and Indus | AUC |
| 2026 | Construction | TNE / Data District data centres (Phase 1) | Olds construction | TNE / Data District |
| By end-2026 | Decision | Ksi Lisims LNG + Prince Rupert Gas Transmission (PRGT) | Ksi Lisims FID targeted (expected, not confirmed) | Ksi Lisims LNG |
| Dec 2026 | Regulatory | Wonder Valley data centre | Sturgeon Lake Cree Nation judicial review of the Smoky River water licence goes to court | MD of Greenview / O'Leary Digital |
| Coming months (expected) | Regulatory | Keephills data centre (TransAlta) | Development application for the Boreal Technology Hub at Keephills goes to Parkland County | Brookfield / CPP Investments |
| Early 2027 | Construction | Ksi Lisims LNG + Prince Rupert Gas Transmission (PRGT) | Construction starts, if FID is taken | Ksi Lisims LNG |
| Early 2027 (expected) | Regulatory | Pacific Link oil pipeline | Proponent files the comprehensive project information document; federal review starts | Alberta / Trans Mountain / Pembina |
| Sep 1, 2027 (earliest) | Construction | Pacific Link oil pipeline | Earliest field start | Trans Mountain Corp. |
| 2027 | Decision | Centerra Kemess restart | Pre-feasibility study | Centerra Gold |
All 50 projects · Bid calendar · All stage and milestone pages
What subscribers see that this page doesn’t show
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|---|---|---|
| Project list with owner, status, next milestone and cost | ✓ | ✓ |
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| All 64 dated milestones, .ics export and a watchlist | — | ✓ |
| What happens on each date (details for every milestone) | — | ✓ |
| Procurement packages and buyer contacts per project | — | ✓ |
| Two monthly reports (PDF) with maps and buyer tables | — | ✓ |
| Mid-month update on projects that moved | — | ✓ |
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Frequently asked
Which projects are on this list?
Ksi Lisims LNG + Prince Rupert Gas Transmission (PRGT), Tilbury Phase 2 LNG, Roberts Bank Terminal 2, Centerra Kemess restart, Pacific Link oil pipeline, Keephills data centre (TransAlta), Wonder Valley data centre, TNE / Data District data centres (Phase 1), Crusoe AI data centres with Kalina gas power, Beacon AI Centers (Heartland and Indus), Suncor Base Mine Extension (proposed), Canadian Natural growth projects (on hold).
How is the stage decided?
From the status the owner, regulator or government has published as of October 12, 2026. Each project page lists its sources.