Canada’s Carney secures deal for pipeline to expand oil exports beyond US
Key takeaways
- Ottawa says future pipeline will reduce economic dependence on the US amid Donald Trump’s trade war.
- “It’s time to move to action,” Carney said at a news conference with Danielle Smith, the premier of conservative-leaning Alberta.
- “The best route for a new pipeline is one that goes through one that already exists, south through the Trans Mountain corridor, to our Pacific Coast, the gateway to the world’s fastest-growing markets,” Carney said.
Why this matters: an international story with cross-border implications worth tracking.
Ottawa says future pipeline will reduce economic dependence on the US amid Donald Trump’s trade war.
xwhatsapp-strokecopylinkgoogle Add Al Jazeera on Googleinfo Canadian Prime Minister Mark Carney gives a speech to journalists as he announces plans regarding Alberta's proposed west coast oil pipeline, at Trans Am Piping Products, in Calgary, Alberta, Canada on July 2, 2026 [Ahmed Zakot/Reuters]By AFP and The Associated Press Published On 3 Jul 20263 Jul 2026Canadian Prime Minister Mark Carney has secured an investment agreement with British Columbia to build a major oil pipeline, overcoming initial opposition from the westernmost province.
The future pipeline is expected to carry 1 million barrels of oil a day – from the oil-rich province of Alberta, across the entirety of British Columbia, to the country’s west coast – allowing Canada new access to Asian markets and reducing its economic dependence on the United States.