Carney-Smith pipeline deal puts West Coast exports back on the table

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Prime Minister Mark Carney and Alberta Premier Danielle Smith announced the submission of the West Coast pipeline project at TransAm Piping Products in Calgary on July 2.Prime Minister Mark Carney and Alberta Premier Danielle Smith announced the submission of the West Coast pipeline project at TransAm Piping Products in Calgary on July 2. Photo by Gavin Young/Postmedia

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Prime Minister Mark Carney and Alberta Premier Danielle Smith announced a plan Thursday for a new pipeline that would move more Alberta crude to the British Columbia coast along the existing Trans Mountain corridor.

Financial Post

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The proposal, formally submitted by Alberta, builds on the November 2025 memorandum of understanding between the province and Ottawa and comes with potential benefits for both governments.

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For Alberta, the project is about market access: The province has long argued that without more pipeline capacity to tidewater, Canadian oil producers remain too dependent on U.S. buyers.

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For Ottawa, the deal bolsters the Carney government’s economic strategy. Carney has framed new energy infrastructure as part of a broader push to build major projects, strengthen trade options and show that Canada can still move large developments forward.

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But the announcement doesn’t mean a pipeline is guaranteed: The proposal must still receive regulatory approvals.

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If the pipeline project moves forward, it could reshape Canada’s energy future. If it stalls, it may become another example of how hard it is to build major energy infrastructure in Canada.

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