TORONTO \u2014 The premiers of Alberta and Ontario on Monday proposed a pipeline to carry western Canadian oil to the country’s east, part of Canada \u2019s push to diversify exports beyond its dominant U.S. market.<\/p>\n
Alberta Premier Danielle Smith said the proposed 3,300-kilometer (2,050-mile) pipeline would run from Hardisty, Alberta, to Sarnia, Ontario, carrying up to 500,000 barrels of oil a day with potential for up to 800,000 barrels. She said the corridor eventually could extend to Canada\u2019s Atlantic coast, opening the door to oil exports to Europe.<\/p>\n
The United States is by far the largest buyer of Canada\u2019s crude oil, while Alberta holds one of the world\u2019s largest proven oil reserves.<\/p>\n
Ontario Premier Doug Ford said the pipeline would be a sound investment regardless of whether it is publicly or privately financed. A feasibility study is planned.<\/p>\n
\u201cThere is still a lot of work ahead of us to deliver,\u201d Ford said.<\/p>\n
The proposal faces major hurdles including financing, regulatory approvals and consultations with the Indigenous population. A similar project, Energy East, was abandoned in 2017 after years of political, regulatory and environmental opposition, including in Quebec.<\/p>\n
Last week, Smith and Prime Minister Mark Carney advanced plans for a separate, taxpayer-subsidized Pacific Coast pipeline intended to increase exports to Asian markets. Alberta is partnering with the federally owned Trans Mountain Corporation and Calgary-based Pembina Pipeline on that proposed project. Smith said the size of any private-sector stake has yet to be determined.<\/p>\n
Smith has said she wants Alberta to double oil production to 8 million barrels a day over the next 10 to 15 years. She has argued that former Prime Minister Justin Trudeau\u2019s government damaged Alberta\u2019s energy industry and fueled separatist sentiment.<\/p>\n
Alberta will hold a vote this fall on whether to hold a referendum on provincial independence.<\/p>\n
\u201cThe previous federal government, not this one, treated Alberta like garbage,\u201d Ford said.<\/p>\n
Last week, Carney acknowledged Canada\u2019s emissions would rise in the near term as his government expands pipeline infrastructure. Carney has made diversifying Canada\u2019s exports a priority in response to U.S. President Donald Trump\u2019s trade war and has pledged to expand access to markets in Europe and Asia.<\/p>\n","protected":false},"excerpt":{"rendered":"TORONTO \u2014 The premiers of Alberta and Ontario on Monday proposed a pipeline to carry western Canadian oil…\n","protected":false},"author":2,"featured_media":118438,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[4016,525,17,4017],"class_list":["post-118437","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-ap-a-wire","tag-business","tag-canada","tag-wires-bot"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/118437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=118437"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/118437\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/118438"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=118437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=118437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=118437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}