oil pipeline

Carney Poised to Announce Deal With Alberta, Opening Door to New Pipeline and Policy Shift

Carney Poised to Announce Deal With Alberta, Opening Door to New Pipeline and Policy Shift

Ottawa (Rajeev Sharma): Prime Minister Mark Carney is expected to reveal a major agreement with Alberta on Thursday that could revive the possibility of a new oil pipeline to Canada’s West Coast. In return, Ottawa is preparing to introduce tougher environmental rules and ease some of its existing climate policies.Alberta Premier Danielle Smith has described the negotiations as a “grand bargain,” centred on advancing the Pathways Alliance carbon-capture project while also pushing ahead with a long-sought pipeline to the Pacific. The deal comes after months of back-and-forth between federal and provincial officials.Speaking in Ottawa a day before the announcement, Carney…
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