The Globe and Mail reports in its Thursday edition that the Alberta government is leading the application for a major new oil pipeline to the B.C. coast, aiming to overcome several federal policies that Premier Danielle Smith says have deterred private investors.
The Globe's triple bylined item led by Emma Graney reports that the idea is to develop a proposal for a one-million-barrel-per-day bitumen pipeline. The proposal would be sent to Ottawa's new Major Projects Office by May, 2026.
Alberta does not want to be the financial backer but hopes the project will be deemed in the national interest after a fast-track review by the federal office, then built and owned by private-sector and indigenous interests.
Alberta is taking steps to support the oil and gas industry, which has often criticized Ottawa for imposing strict environmental policies that limit financial opportunities. Recently, there appears to be a growing alignment between the industry and the provincial government. Prime Minister Mark Carney has appeared more receptive to positioning Canada as a conventional and clean-energy superpower amid the trade war with the United States. Alberta has not finalized a route or a cost estimate for the project.
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