Carney Says New Alberta Oil Pipeline ‘More Likely Than Not’ Amid Rising Global Demand

 


Date: May 1, 2026 l By Andrew Baba

Canadian Prime Minister Mark Carney has indicated that a new oil pipeline from Alberta is now “more likely than not” to move forward, signaling growing federal support for expanding the country’s energy infrastructure.

Speaking in a recent interview, Carney pointed to increasing global demand for energy driven in part by geopolitical instability as a key factor behind the shift. He emphasized that Canada must diversify its export markets beyond the United States, particularly toward Asia, to strengthen long-term economic resilience. 

The proposed pipeline is part of a broader agreement between the federal government and the province of Alberta, aimed at boosting oil exports while also addressing environmental concerns through emissions-reduction strategies. Officials say the project is tied to a larger policy framework that includes carbon capture initiatives designed to offset the environmental impact of oil production. 

While no final route has been confirmed, multiple options remain under consideration. Alberta Premier Danielle Smith has expressed support for a northern route, while other possibilities such as southern corridors are being evaluated based on regulatory feasibility and potential opposition from Indigenous communities and provincial governments. 

The renewed push for pipeline development follows recent moves in the United States, where President Donald Trump approved a new cross-border pipeline project, underscoring a broader North American shift toward expanding oil transport capacity. 

Despite growing momentum, the proposed Canadian pipeline is expected to face significant hurdles, including environmental concerns, regulatory approvals, and resistance from some Indigenous groups and coastal provinces. Previous pipeline proposals have encountered similar challenges, particularly regarding ecological risks and land rights.

Carney, however, has maintained that any project moving forward must balance economic benefits with environmental responsibility. He reiterated that Canada will not use energy exports as leverage in trade negotiations, emphasizing instead a strategy focused on sustainable development and long-term national interest. 

The development marks a significant moment in Canada’s energy policy, reflecting a shift toward pragmatic decision-making as the country navigates competing pressures of climate commitments, economic growth, and global energy demand.


Source: CTV News / Global News

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