Energy East Pipeline. The Right Choice ACPA 2016 AGM. Sept. 8, 2016

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1 Energy East Pipeline The Right Choice ACPA 2016 AGM Sept. 8, 2016

2 Energy East: Connecting Canada $15.7 billion investment required to build Energy East 4,500 km length of 42 pipeline from Alberta to New Brunswick 1.1 million bpd total capacity 14,000 jobs during development & construction $55 billion GDP added to the economy $10 billion additional taxes Document Number Energy East Protected UNCONTROLLED IF PRINTED 2

3 Canada and the World Needs Oil Global Energy Demand Expected to Increase 32% by Global Energy Demand by Fuel (million tonnes of oil equivalent) Oil Coal Gas Bioenergy Nuclear Hydro Renewables Oil Remains Largest Source of Energy Primary Shift in Supply Mix to Natural Gas and Renewables Source: IEA World Energy Outlook 2015, New Policies Case Source: International Energy Agency World Energy Outlook 2014 EE4721-TCPL-PR-PN-0455 Energy East Protected UNCONTROLLED IF PRINTED 3

4 Good News: Canada Has Oil 4

5 Oil Sands Production to Increase by 800,000+ bpd Source: National Energy Board, December

6 Bad News: We re Not Using Our Own Oil Canadian Oil Imports Up 16% EE4721-TCPL-PR-PN-0455 Energy East Protected UNCONTROLLED IF PRINTED 6

7 Energy East: Displacing oil-by-rail to Eastern Canada 7

8 Energy East: Canadian Oil for Canadians EE4721-TCPL-PR-PN-0455 Energy East Protected UNCONTROLLED IF PRINTED 8

9 Energy East Timeline October 2014: Official filing with the National Energy Board 2015: 700+ Changes to route and facilities December 2015: Revisions to Energy East Finalized routing of the project Location of shut-off valves, pump stations : NEB Hearing Process and Cabinet Review Continue to work with local communities to address questions and build emergency response plans 2018: Construction Commences 2021: Commissioning & In Service 9

10 Engagement in Ontario: Early Extensive & Ongoing Community Outreach: 41 municipal resolutions of support 4 regional resolutions of support: NOMA, FONOM, AFMO, TeMAG 40 EE Community Open Houses (3,000+ attendees) 7 Pipeline Safety & Emergency Response Days (350 attendees) 24 EMP Community Open Houses (1,200 attendees) 95 Municipal meetings 25 meetings with First Responders First Nations and Métis Outreach: 36 Communication and Engagement Funding Agreements (CEFAs) signed in Ontario 31 Traditional Knowledge studies underway 2 Letters of Intent signed on Power Transmission Opportunities Supporting skills development, providing training and experience UA, LiUNA pipe donations MOU with Pipeline Unions signed July

11 How big is this job? 11

12 Delivering Energy Safely World-class Integrity TransCanada invests approximately 1 billion dollars each year on integrity programs and preventive maintenance. Monitoring 24/7 From the control center in Calgary, to aerial patrols, to ground personnel we continuously monitor and can take immediate action. Ready to Respond In 2015, TransCanada conducted 125 emergency drills and exercises. Consultations with local emergency EE4721-TCPL-PR-PN-0455 responders Energy along East Protected the UNCONTROLLED Energy East IF PRINTED route are underway. EE4721-TCPL-PR-PN-0455 Energy East Protected UNCONTROLLED IF PRINTED Safety and Emergency Response Days The Energy East team toured 23 communities across the country to answer questions on pipeline safety and Emergency Response 12

13 New Brunswick Issues and Interests Safety and Environment Potential effects of a spill in particular within the Bay of Fundy Pipeline routing and protection of lakes, rivers and watersheds Effects of marine traffic Emergency response plan and public safety Consultation and Engagement Location and effects of the tank terminal in Saint John near Anthony s Cove Road and Red Head Road Engagement with Indigenous communities Economic Benefits Economic Opportunities for local and Indigenous communities Property tax for the tank and marine terminals 13

14 A Closer Look at the Marine and Tank Terminals 14

15 Marine Traffic and Safeguarding the Bay of Fundy Following TERMPOL process with Transport Canada Validation of marine terminal location through a Full Mission Bridge simulation Consultation with Atlantic Coast Pilots and Local Port Authorities Historical marine traffic study based on vessel calls to Vessel Traffic Service (VTS) Anchorage study based on incremental usage by vessels visiting Energy East terminal Optimization of trestle length and berth orientation Science-based assessment and analysis Right Whale and marine wildlife protection 15

16 Open, Extensive Public Consultations 16

17 Canadians Have a Choice to Make Create Canadian Energy Independence Transport oil in the safest way possible Ensure maximum value for Canadian resources Source of ongoing tax revenue to pay for schools, roads, hospitals Create Significant Jobs and Economic Growth for Canadians Show Your Support: action.energyeastpipeline.com EE4721-TCPL-PR-PN-0455 Energy East Protected UNCONTROLLED IF PRINTED 17

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