Oil Pipeline Transport Survey, 2016
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Released: 2018-03-05
Canadian oil pipeline companies reported total operating revenues of $7.9 billion and total operating expenses of $3.5 billion in 2016. As a result, net revenue from operations was $4.4 billion, while net income after taxes totalled $2.4 billion.
Balance sheet
In 2016, total assets reported in the Canadian oil pipeline sector were $59.0 billion, which included fixed assets ($43.7 billion), total investments ($10.0 billion) and total current assets ($3.5 billion).
Canadian oil pipeline companies reported total liabilities of $28.3 billion, which included total long-term debt ($18.6 billion) and current liabilities ($7.7 billion), followed by deferred credit and appropriations ($2.0 billion).
Total capital stock and surplus was $30.7 billion in 2016.
Employment and wages
Canadian oil pipeline companies employed 4,917 people, whose salaries and wages totalled $589.3 million in 2016.
Pipeline distances
There were 48,485 kilometres (km) of oil pipelines operating in Canada in 2016. They consisted of gathering lines (27,585 km) and trunk lines (20,900 km). Almost 80% of the pipeline distances were located in Alberta and Saskatchewan.
Note to readers
The Oil Pipeline Transport Survey is a census that collects data on the financial, employment and operating activities of gathering pipelines and transmission pipelines operating in Canada.
For reference year 2016, the survey's coverage was expanded to improve the data quality of the program. As a result, year-over-year comparisons of some of the estimates were affected by the increased coverage in 2016.
Gathering pipelines are regional systems that collect oil from fields and plants and deliver these amounts to terminals and processing facilities including refineries.
Trunk lines collect oil from terminals and deliver it to destinations, sometimes thousands of kilometres away.
The gathering pipelines in Canada are concentrated in major oil producing regions, i.e. Alberta and Saskatchewan.
Canadian transmission pipelines deliver oil from the producing regions to major markets, primarily the United States and Eastern Canada.
Data are available upon request.
Contact information
For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; STATCAN.infostats-infostats.STATCAN@canada.ca) or Media Relations (613-951-4636; STATCAN.mediahotline-ligneinfomedias.STATCAN@canada.ca).
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