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Ottawa and Alberta Near Energy Accord as B.C. Objects to Possible North Coast Pipeline

The real stakes lie in setting credible industrial carbon‑pricing rules that could unlock investment decisions.

Overview

  • Prime Minister Mark Carney and Premier Danielle Smith are expected to sign a memorandum of understanding as early as Thursday, though the date could shift, according to a federal source.
  • The draft is expected to reference a path toward a potential pipeline to B.C.’s northwest coast, with Ottawa considering limited exemptions to the northern tanker moratorium or use of its C‑5 authorities.
  • B.C. Premier David Eby denounced what he called secret talks and the prospect of weakening the tanker ban, while Smith urged a "Team Canada" posture and said an agreement could come within weeks.
  • No route, private proponent or firm industry commitments exist for a northwest pipeline; Alberta plans to submit an application to the federal Major Projects Office and any project would require Indigenous consultation.
  • The B.C. government now supports increasing Trans Mountain capacity by roughly 40 percent as a nearer‑term option, as federal‑provincial bargaining also weighs changes to industrial carbon pricing and a potential retreat from a federal emissions cap.