At the time of the explosion last week, there were as many as 3,000 workers at the refinery in Saint John, NB.
Top Oil is a leading supplier of home heating oil, petrol and diesel fuel.
Funding will go towards the construction of design labs, engineering facilities and learning spaces.
Irving Oil expects project to deliver $15 million in benefits to the local Saint John economy.
Plans to operate the facility with the existing workforce.
Whitegate refinery near Cork processes up to 75,000 barrels of crude per day.
Company says project will generate $27 million in direct spinoff benefits.
Conversion will be completed to comply with US standards for DOT-111 tank cars built after Oct. 1, 2011.
TransCanada Corp. says more environmental work is necessary.
TransCanada Corp.’s proposed converted natural gas pipeline would send oil from Alberta to Quebec.
Support grows for pipeline from Alberta to Irving refinery in Saint John.