Carney and Smith Sign Deal That Could Lead to Pipeline Construction Starting in Fall 2027

Carney and Smith Sign Deal That Could Lead to Pipeline Construction Starting in Fall 2027
Prime Minister Mark Carney shakes hands with Alberta Premier Danielle Smith in Calgary, May 15, 2026. The Canadian Press/Jeff McIntosh
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Prime Minister Mark Carney and Alberta Premier Danielle Smith have signed an energy agreement they say could pave the way for construction of a new oil pipeline to the West Coast to start as early as Sept. 1, 2027.

The agreement “clearly sets out a pathway to the construction of a new oil pipeline,” Smith told reporters in Calgary on May 15, adding the pipeline would be capable of transporting over 1 million barrels of oil per day to Asian markets.