ATCO Pipelines (a subsidiary of Canadian Utilities Limited, an ATCO company) received final approval from the Alberta Utilities Commission (AUC) to construct and operate the Yellowhead Pipeline, effective July 17, 2026, with the approval publicly announced on July 20, 2026. The AUC approved the construction and operation of the facilities for the Yellowhead Pipeline Project, with construction set to begin immediately. The approved project includes a 235-kilometer (146-mile), 36-inch natural gas transmission pipeline extending from the Peers area to Fort Saskatchewan, Alberta, along with a compressor station, and the pipeline is fully contracted and designed to transport more than 1.1 billion cubic feet per day of natural gas once in service. With an estimated investment of $2.9 billion, the project is expected to create approximately 2,000 direct construction jobs and support an estimated 12,000 additional construction jobs and 20,000 permanent jobs annually once associated downstream investments are operational, contributing an estimated $3.9 billion annually to Alberta's GDP. Bennett Jones acted for ATCO Pipelines in connection with its facility application to the AUC for approval to construct and operate the pipeline. ATCO originally filed the application on November 4, 2025.