Mark Carney, Alberta and Danielle Smith
Digest more
Carney, Canada
Digest more
The Canadian Press on MSN
Carney signs major energy agreement with Alberta, laying out conditions for new oil pipeline
Prime Minister Mark Carney is expected to unveil an agreement with Alberta Thursday which could clear the way for a new oil pipeline in exchange for stronger environmental regulations, while also walking back some of Ottawa’s climate policies.
B.C. Energy Minister Adrian Dix purports to see right through Alberta Premier Danielle Smith and her pipeline deal-making with Ottawa. To him, the memorandum of understanding to be inked today by Smith and Prime Minister Mark Carney is really all about her base.
Carney reiterated that as the U.S. transforms all of its trading relationships, many of Canada’s strengths – based on those close ties to America – have become its vulnerabilities. “Over 95% of all our energy exports went to the States. This tight interdependence – once a strength – is now a weakness,” Carney said.
On being asked if she was skeptical about the federal government being able to build an oil pipeline from Alberta to the West Coast, Alberta Premier Danielle Smith said, over time, she’s “changed her mind” on carbon capture technology and “perhaps” Prime Minister Mark Carney is “re-calibrating his own thinking” on previous stances he’s taken in the past.