US EditionCarney Says Possible Oil Pipeline Project Is 'Highly Likely' in Canada
CANADA, JUL 6 – Prime Minister Mark Carney expects private companies to propose a new pipeline from Alberta to British Columbia, supported by legislation to fast-track projects and expand export capacity.
- In a Saturday interview, Prime Minister Mark Carney indicated that a proposal for an oil pipeline reaching the coast of British Columbia is very likely to be considered a project of national significance in Canada.
- This projection follows the federal Senate's recent passage of Bill C-5, which fast-tracks approval for major natural resource and infrastructure projects to support economic growth and internal trade.
- The proposed pipeline would be driven by the private sector but benefit from federal support and faster regulatory reviews amid growing pipeline capacity constraints and rising global demand for Canadian crude.
- Carney also endorsed Alberta’s $16.5 billion carbon capture project as part of these key initiatives, describing them as potential cornerstones of Canada’s energy future and nation-building efforts.
- Federal leaders view the legislation and aligned projects as signaling regional cooperation and pragmatic progress while addressing urgency for expanding export capacity beyond the US market amid tariff threats.
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The Conversation
municipalinfonet.comCould new pipelines shield Canada from U.S. tariffs? The answer is complicated
It should come as no surprise that United States President Donald Trump’s tariff threats have renewed interest in building pipelines that don’t rely on access to the American market. Almost four million barrels of crude oil cross the Canada-U.S. border each day, generating revenue of more than $100 billion per year — a quarter of Alberta’s GDP. A February survey by the Angus Reid Institute found that half of Canadians believe the federal governm…
Canadian Prime Minister Mark Carney said it was "very likely" that a new oil pipeline to the coast of British Columbia would be included among projects of national importance for Canada.
Prime Minister Mark Carney said it is “very likely” that a new pipeline will be proposed to Canada’s west coast as a national construction project, which could mean that it will become part of Ottawa’s effort to accelerate major developments under new legislation. Carney, who attended the annual Calgary Stampede event in Alberta’s capital, told the local newspaper that it is up to the private sector to make the proposal rather than a “top-down” …
Carney Says New Oil Pipeline Proposal 'Highly Likely' in Canada
Prime Minister Mark Carney said a new oil pipeline to Canada’s West Coast is “highly likely” to be proposed as a nation-building project, which could mean it becomes part of Ottawa’s push to fast-track major developments under new legislation.
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