New Alberta-B.C. Oil Pipeline

planned

The federal government is considering a new oil pipeline route in southern British Columbia that would face fewer environmental hurdles and less resistance from Indigenous groups compared to the northern route proposed by Alberta. The pipeline could carry an additional one million barrels a day destined for Asian markets and would require a new terminal for loading oil onto tankers at the port of Vancouver. The project is part of a memorandum of understanding signed by Prime Minister Mark Carney and Alberta Premier Danielle Smith to unlock Alberta's energy sector and diversify export markets.