Media Advisory – Competition Bureau to hold technical briefing on its review of Keyera’s proposed acquisition at a critical Canadian energy hub

GATINEAU, QC, May 5, 2026 /CNW/ – 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.

Media are asked to contact Competition Bureau Media Relations at media-cb-bc@cb-bc.gc.ca 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.

Associated Links

• Competition Bureau challenges Keyera’s proposed acquisition at a critical Canadian energy hub
• Backgrounder: Competition Bureau challenges Keyera’s proposed acquisition at a critical Canadian energy hub

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The Competition Bureau is an independent law enforcement agency that protects and promotes competition for the benefit of Canadian consumers and businesses. Competition drives lower prices and innovation while fueling economic growth.

SOURCE Competition Bureau

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