"Prime Minister Mark Carney and Alberta Premier Danielle Smith have jointly agreed on a path forward for a new bitumen pipeline to the B.C. coast — a hugely significant development that the federal government is framing as a chance to further develop Alberta's energy sector, diversify Canada's economy and lessen dependence on the U.S. The two leaders are signing a memorandum of understanding that lays out how Ottawa will facilitate the construction of a pipeline that will carry a million barrels of oil a day."
"The agreement stresses that this pipeline will be privately constructed and financed — unlike the publicly owned Trans Mountain — and the intention is to have some Indigenous co-ownership. Ottawa is prepared to designate this pipeline as a project of "national interest," which triggers powers under C-5, the Building Canada Act that Carney's government passed in June. That designation means the pipeline — and possibly the tankers associated with transporting the oil — could be exempted from some federal laws."
Canada and Alberta signed a memorandum of understanding to enable a privately financed bitumen pipeline carrying one million barrels per day from Alberta to a Pacific export terminal serving mainly Asian markets. The pipeline is intended to include some Indigenous co-ownership and to be designated in the federal "national interest" under C-5, potentially exempting it and related tankers from laws such as the Fisheries Act, Species At Risk Act and Impact Assessment Act. Canada committed to collaborate with Alberta on an efficient approval process. Alberta committed to collaborate with B.C. on sharing substantial economic and financial benefits. Alberta will present the proposal to the Major Projects Office for expedited review by July 1, 2026, and Canada confirmed it will enable export via a strategic deepwater port if approved.
Read at www.cbc.ca
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