FORT McMURRAY, Alta. — The Van Horne Institute is presenting a special conference to inform delegates about the expected capital investment in oil sands developments in the Wood Buffalo Region of Alberta over the next 20 years.
The North-East Alberta Transportation Conference, which will be held in Fort McMurray, Alta. on Oct. 23 to 25, will focus on transportation’s role in facilitating these developments and the shortcomings in the current transportation system serving the region.
A well-defined understanding of the growth of oil sands developments in the Regional Municipality of Wood Buffalo is essential to planning the nature of, and timing of the upgrading and expansion of the transportation system serving future economic activity in the region.
A number of speakers from varying stakeholders in Alberta’s oil sand sector will discuss transportation needs through 2025.
Representatives from both mining and oil sands developments will comment on the existing transportation system operating between Edmonton and the region, shortcomings regarding the system and how these shortcomings might be overcome.
Representatives from various transportation modes serving the region will comment on barriers affecting the overall efficiency of the current transportation system.
Representatives from the communities will indicate transportation infrastructure problems in the region relating to existing and planned oil sands developments through 2025.
Panelists will address their respective expansion plans and in particular, the demand on the transportation system between Edmonton and the region for the delivery during construction of pipeline components and other equipment and materials.
Panelists will discuss alternative ways of financing and upgrading and expanding the transportation system serving the region based on published estimates of funds required through 2025. These alternatives could include the provincial government, existing infrastructure funds that issue long-term bonds, public-private partnerships, toll roads or tax-free bonds.
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