The Globe and Mail reports in its Saturday edition that surrounded by racks of pipe supplies at a warehouse in southeast Calgary on Thursday evening, Prime Minister Mark Carney and Alberta Premier Danielle Smith spoke in glowing terms about the economic potential of a new oil pipeline from Alberta to the West Coast. The Globe's Stephanie Levitz and Jeffrey Jones write that Mr. Carney said the 1,200-kilometre conduit would "catalyze" more than $200-billion in investments and added that was a "lowball figure." Ms. Smith said the profits from the project would generate billions more in revenues for the federal and provincial governments, as well as Indigenous nations over several decades. So with that federal-provincial support -- and the promise of huge spinoff benefits -- what's most striking is the absence of a private-sector proponent. It is being spearheaded by Trans Mountain Corp., the Crown-owned pipeline company that completed the TMX project. The only private-sector player is Pembina Pipeline, which has a 10-per-cent stake and its agreement to participate in the project is "non-binding." Still, Ms. Smith said, "To be clear, Alberta taxpayers will not be on the hook to build this pipeline."