CALGARY — Canada will develop a new West Coast pipeline to carry up to a million barrels of Alberta-produced oil per day to export markets in Asia, Prime Minister Mark Carney announced late last week.
Carney, speaking at a news conference in Calgary, said the government will enter into a public-private partnership on a project that marks a dramatic shift in the Liberal government’s federal energy policy and delivers a major political win to Alberta Premier Danielle Smith.
Carney framed the project as a response to growing demand from allies, saying G7 leaders want Canada to supply more energy amid the war in the Middle East and broader global uncertainty.
“Three weeks ago, G7 Leaders called on Canada to provide the reliable energy the world needs to realise our potential as an energy superpower,” he said.