Overview
- Two federal sources say negotiators are closing in on a memorandum of understanding that contemplates a pipeline to B.C.’s northwest coast, a narrow exemption to the northern tanker ban, changes to industrial carbon pricing to support carbon capture, and possible adjustments to the industrial emissions cap.
- Privy Council Clerk Michael Sabia is steering the talks with senior ministers, with Prime Minister Mark Carney and Premier Danielle Smith in regular contact and timelines described as days by multiple reports.
- B.C. Premier David Eby opposes lifting the tanker moratorium, warning it could undermine support from coastal communities and First Nations for existing resource projects.
- Any new route would still need a private‑sector proponent, environmental approvals, and substantial Indigenous buy‑in, and there is no confirmed company advancing the project.
- The Pathways Alliance carbon‑capture network is part of the discussion, with federal investment tax credits on offer but industry seeking clearer long‑term carbon‑pricing rules to proceed.