One day after Trump signs pipeline deal, PM Carney says Alberta will likely get new one
Carney said a new export line is more probable than possible, but a company still must step forward to build it.
- Prime Minister Mark Carney stated Friday that a new oil pipeline out of Alberta is "more likely than not," citing increased global demand for energy due to the war in Iran and Canada's need to diversify to Asian markets.
- The government's push for a new pipeline follows a memorandum of understanding signed with Alberta late last year, which Carney describes as part of a "bigger package" aimed at reducing emissions associated with oil production.
- Alberta Premier Danielle Smith prefers a northern route, but Carney said, "Well, there are multiple routes where there could be a pipeline," as Coastal First Nations and Premier David Eby have raised objections.
- President Donald Trump signed a presidential permit for the Bridger Pipeline expansion earlier this week, while Carney clarified Canada will not use energy or critical minerals as "leverage" in upcoming trade talks.
- Despite Carney's "more probable than possible" characterization, the project remains uncertain and still requires an energy company to step forward to build the pipeline infrastructure.
23 Articles
23 Articles
Mark Carney supports the idea of an oil pipeline because of the growing demand for safe energy sources in the context of the war in Iran.
Alberta oil pipeline ‘more likely than not’: Prime Minister Carney
Ottawa may be leaning toward a southern route for a new pipeline as it would face fewer environmental hurdles and less Indigenous opposition, the Globe and Mail reported last week.
Alberta oil pipeline is ‘more likely than not’ Carney says
Prime Minister Mark Carney says a new oil pipeline out of Alberta is "more likely than not."
Alberta oil pipeline is 'more likely than not' Carney says
Breaking News, Sports, Manitoba, Canada
Carney Signals New Alberta Oil Pipeline as 'More Likely Than Not' Amid Global Energy Demand
Prime Minister Mark Carney has declared a new oil pipeline out of Alberta as ‘more likely than not,’ citing heightened global demand for secure energy sources amid the ongoing war in Iran and Canada’s push to access Asian markets. In a rare interview, Carney emphasized the strategic need to diversify export routes for Alberta’s oil production. The pipeline, though not yet certain, forms part of a broader energy strategy tied to a memorandum of u…
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