Canada secures deal for major oil pipeline to Pacific coast

Canada secures deal for major oil pipeline to Pacific coast

Canadian Prime Minister Mark Carney has secured an investment agreement with British Columbia for a major oil pipeline that would move more than 1 million barrels a day from Alberta to the country's west coast. The project is intended to give Canada greater access to Asian markets and reduce its economic dependence on the United States. The announcement marks a significant step forward for a proposal that had faced initial opposition in British Columbia.

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Carney said the best route for a new pipeline would follow an existing corridor south through the Trans Mountain route to the Pacific coast. He said the pipeline would run from Bruderheim, northeast of Edmonton, to southern British Columbia, where oil could be loaded onto tankers for export. Carney also said Canada aims to double its non-US exports over the next decade and that the project could help narrow the price discount on oil sold into US markets.

At the news conference, Alberta Premier Danielle Smith said her government is partnering with the federally owned Trans Mountain Corporation and Calgary-based Pembina Pipeline on what it calls the West Coast oil pipeline. The agreement comes as Ottawa seeks to reshape trade and energy ties amid tensions with the United States. Carney said the project would help Canada become less reliant on its southern neighbour, while Smith said the world was asking Canada to provide a stable and reliable energy supply.

Alberta has long pushed for expanded oil production, and Smith said she wants the province to double output to 8 million barrels per day over the next 10 to 15 years. The pipeline would be designed to carry crude from the oil-rich province to tankers bound for Asian buyers, a shift that could alter the geography of Canadian energy exports. The plan also sits within a wider political and environmental debate.

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British Columbia and some First Nations have opposed a pipeline through northern parts of the province, and Carney has said the tanker ban on the northern coast will remain in place. He also said he would compensate British Columbia for environmental risks, although the details were not included in the material provided. The project therefore appears to balance federal and provincial economic goals with continuing concerns over coastal protection and Indigenous consent.

The pipeline proposal is linked to a broader effort to expand Canada's export options beyond the US market. Carney has set a target of doubling non-US exports in the next decade, and the new route is being presented as a way to reach the world's fastest-growing markets. The plan also reflects long-running tensions over how Canada should develop its energy sector, especially in Alberta, where frustration over federal policy has fuelled separatist sentiment in the past.

Those tensions remain relevant as Alberta continues to press for more production and greater market access. What remains unclear is the full financing structure, the regulatory path and the timeline for construction. The supplied material does not say when the pipeline would be completed or whether all provincial, federal and Indigenous approvals are in place.

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360LiveNews 360LiveNews | 03 Jul 2026 05:32 LONDON
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