The provincial government is throwing their support behind Teck Resources’ proposed Frontier oilsands project.
The GoA announced last week they’re approving the site, which would be located around 110 km north of Fort McMurray, moving the project one step closer to starting construction.
The province’s approval comes after a Joint Review Panel recommended it move forward.
“Projects like these show that companies have confidence investing in Alberta,” said Sony Savage, Energy Minister, in a release.
“Provided the projects are in the best interest of Albertans, we need to hold up our end of the bargain by ensuring timely approvals.”
Frontier would produce around 260,000 barrels of oil per day, creating around 2,500 jobs during their operations and 7,000 during construction.
The federal government still needs to approve the project before Teck can start the next stages of development which includes making final investment decisions and applying for other environmental licences and local area development permits.
Recently, the Impact Assessment Agency of Canada announced they were holding a public comment period where groups and individuals can share their opinions on the project.
The deadline to submit your comment is November 24.