Carney Expected to Announce Decision on Pipeline’s National Interest Designation
The move would be the first under Bill C-5 and could speed approvals across a dozen federal laws, officials said.
- On Thursday, Prime Minister Mark Carney designated an Alberta-to-West Coast oil pipeline as a project of national interest, announcing the decision in Fort McMurray, Alberta, alongside Alberta Premier Danielle Smith.
- This designation follows a May agreement requiring the pipeline's construction and the Pathways carbon capture project to be "mutually dependent," marking the first project receiving this status since Ottawa passed the Building Canada Act.
- Pembina Pipeline Corp holds a 10 per cent stake during construction, with Trans Mountain Corp and the Alberta Petroleum Marketing Commission funding the remainder; Ottawa confirmed Indigenous consultation is already underway.
- Energy Minister Tim Hodgson expects the Major Projects Office to complete its work on time, facilitating the designation while supporting broader efforts to simplify regulatory processes and incentivize capital investment.
- Lance Mortlock, managing partner at EY Canada, describes this as a "once-in-a-generation investment opportunity" that could set Canada's path for prosperity over the next 100 years.
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In the news today: pipeline announcement, minimum wage hikes, Canadian goes to space
Here is a roundup of stories from The Canadian Press designed to bring you up to speed … Carney expected to announce decision on pipeline's national interest designation Prime Minister Mark Carney is expected to announce today that an oil pipeline to t...
Carney expected to announce decision on pipeline’s national interest designation
OTTAWA - Prime Minister Mark Carney is expected to announce Thursday that an oil pipeline to the West Coast will be designated as a project of national interest under the
Carney expected to announce decision on pipeline's national interest designation
OTTAWA - Prime Minister Mark Carney is expected to announce Thursday that an oil pipeline to the West Coast will be designated as a project of national interest under the Building Canada Act.
Prime Minister Mark Carney in Fort McMurray Ahead of Expected Major Energy Announcement
Prime Minister Mark Carney is in Fort McMurray ahead of an expected major energy and infrastructure announcement Thursday morning. According to a media advisory from the Prime Minister’s Office, Carney will make an announcement at 9 a.m. Thursday, October 1, outlining the next step to accelerate a major infrastructure project. Alberta Premier Danielle Smith is expected to join the Prime Minister for the announcement. The advisory does not identi…
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