Alberta Seeks to ‘De-Risk’ Oil, Gas Pipeline Investments in Wake of Trump Victory

TransCanada's Keystone pipeline facilities are seen in Hardisty, Alberta, Canada, on Friday, Nov. 6, 2015. Following the Obama administration’s rejection of the Keystone XL pipeline, the oil industry faces the tricky task of making sure the crude oil targeted for the pipeline still gets where it needs to go. Jeff McIntosh/The Canadian Press via AP

Alberta’s government is looking for ways to encourage pipeline companies to boost capacity and increase the province’s oil and gas export volumes to the United States.

But Premier Danielle Smith said her government is not interested in directly subsidizing a cross-border pipeline project, preferring instead to find ways to “de-risk” a potential private sector investment.