Alberta Seeks Federal Backing for New Oil Pipeline

Core Insights - Alberta Premier Danielle Smith is negotiating with the federal government regarding a new oil pipeline project aimed at exporting crude oil to Asian markets [1][2] - The proposed pipeline could transport up to 1 million barrels of crude oil daily to the British Columbia coast [2] - The federal government has established the Major Projects Office to expedite the development of strategic projects, including the proposed pipeline [3][4] Group 1: Project Development - Alberta plans to engage with Indigenous communities and develop a formal application for the pipeline project, emphasizing its national significance [3][5] - The province will conduct pre-front-end engineering and design work to outline the pipeline's path, size, and cost estimates [5] - Alberta's government is allocating US$10 million (C$14 million) to support early planning and development of a credible proposal for federal consideration [6] Group 2: Government Cooperation - Prime Minister Mark Carney highlighted the potential for Alberta and the federal government to collaborate in making Canada an energy superpower [2] - Discussions between Smith and Carney included energy opportunities, although specific details were not disclosed [2]