Fine print on the West Coast pipeline project shows it's hardly a 'private sector constructed and financed pipeline'
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Source Given that polls show most Canadians now favour new pipelines, they deserve to know what it will cost them. Recommended Videos In November, Prime Minister Mark Carney and Alberta Premier Danielle Smith reached a memorandum of understanding for: “Construction of one or more private sector constructed and financed pipelines, with Indigenous Peoples co-ownership ... with at least one million barrels a day of low-emission Alberta bitumen, with a route that increases export access to Asian markets as a priority.” For now, that’s one pipeline from the oilsands to the southern B.C. coast costing between $35.2 billion and $43.7 billion, 90% funded by federal and Alberta taxpayers, with 10% to 20% coming, if its conditions are met, from the Pembina Pipeline Corporation. That’s a far cry, at this point, from a “private sector constructed and financed pipeline.” Another condition in the...
Read original source- Published
- Jul 14, 2026
- Updated
- Jul 14, 2026
- Source
- Toronto Sun
- Category
- Business
- Read time
- 2 min
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