Atlantic loop concept coming

Posted on January 12, 2021 | Atlantic Business Magazine | 0 Comments

After a brief mention in the 2020 speech from the throne, the Atlantic Loop appeared again in the federal Liberals’ fall economic update. And it’s going to be popping up again this spring, if not sooner.

The fall announcement included a $25-million nugget for the Atlantic Loop and other projects (though no other projects were named) to be used in 2021-22, “to help some proponents complete engineering assessments, community engagement, and environmental and regulatory studies.” The work is also generally expected to feed information to the Canada Infrastructure Bank (CIB) to allow the CIB to assess whatever’s put on the table.

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