Overview

• Premier Danielle Smith said a private-sector firm is close to proposing a pipeline to British Columbia’s northwest coast, likely within weeks.
• The project would transport about 1 million barrels per day of crude from Alberta’s oil sands to the Port of Prince Rupert for international export.
• Smith aims to have the pipeline among the first projects on Prime Minister Mark Carney’s list of nationally important infrastructure with a two-year approval mandate.
• As part of a 'grand bargain', Alberta is pushing to pair the pipeline with large carbon capture initiatives funded by oil revenues.
• Ottawa enacted legislation to speed up approvals for pipelines and transmission lines as Canada seeks to diversify energy exports in response to trade tensions under President Donald Trump.