Commentary
There may not be a private investor in sight yet to build a new bitumen pipeline from Alberta to the West Coast, but Premier Danielle Smith and Prime Minister Mark Carney have invested a great deal of political capital into the concept. The signing of a memorandum of understanding (MOU) between Alberta and Ottawa doesn’t guarantee that a pipeline will be built, but it offers a glimmer of hope to proponents that hasn’t been visible in nearly a decade.
