🇨🇦 Mark Carney
Mark Carney expected to announce pipeline decision
What happened
Prime Minister Mark Carney is scheduled to announce that an oil pipeline to the West Coast will be designated as a project of national interest under the Building Canada Act. This would be the first project to receive the designation since the act was passed over a year ago. The decision is expected to be announced in Fort McMurray, Alta., with Alberta Premier Danielle Smith. The pipeline's construction and the construction of the Pathways carbon capture project are mutually dependent.
Why it matters
The designation could simplify the regulatory process and allow the pipeline to proceed. The pipeline's construction is seen as a key component of the energy deal between Ottawa and Alberta. The project has been in the works since 2025 and has been the subject of ongoing consultation with Indigenous groups.
Key facts
- Ottawa has the power to issue special conditions for projects under the Building Canada Act.
- The pipeline's construction and Pathways carbon capture project are mutually dependent.
- The pipeline is expected to be built by the Trans Mountain Corp. and the Alberta Petroleum Marketing Commission.
- The Pembina Pipeline Corp. has entered into a non-binding agreement for a 10% stake in the pipeline.
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Publisher evidence used
Reporting attributed to bnnbloomberg.ca. WorldLeadersNews links readers to the publisher and does not present a headline-only item as a full article analysis.
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