May 5, 2026 - GATINEAU (Quebec), Competition Bureau
Today, the Competition Bureau announced that it has filed an application with the Competition Tribunal challenging Keyera's proposed acquisition of Plains All American Pipeline LP's Canadian natural gas liquids business.
Following an extensive investigation, the Bureau concluded that the proposed transaction is likely to harm competition in natural gas liquids processing and storage, particularly at Fort Saskatchewan, Alberta, Canada's primary hub for these services.
The Bureau will hold a technical briefing for media to provide additional context on its concerns with the transaction, and explain its process for merger reviews. Bureau officials will provide opening remarks and answer questions.
Date: May 5, 2026
Time: 11:30 a.m. ET
Location: Virtual (Webinar)
Media are asked to contact Competition Bureau Media Relations at [email protected] to receive the access link for the technical briefing.
Media are encouraged to dial in 15 minutes before the start of the technical briefing. Media in attendance are free to record the technical briefing for broadcast purposes.
