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Canada Eyes Two New Oil Pipelines
The governments of Canada and Alberta signed a Memorandum of Understanding (MOU) on a West Coast oil pipeline on Nov. 27, 2025.
Summary
The governments of Canada and Alberta signed a Memorandum of Understanding (MOU) on a West Coast oil pipeline on Nov. 27, 2025. The landmark MOU declared the proposed oil pipeline to Asian markets as a potential project of national interest. Prime Minister Mark Carney and Premier Danielle Smith signed a subsequent Implementation Agreement on May 15, 2026, which outlines specific timelines to push for construction approval as early as September 2027.
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