Canada and Alberta strike carbon deal enabling major pipeline expansion.

Canada and Alberta strike carbon deal enabling major pipeline expansion. Prime Minister Mark Carney and Alberta Premier Danielle Smith reached a compromise Friday that removes regulatory barriers for a new crude oil pipeline project. The pipeline would transport one million barrels per day of Canadian oil to coastal terminals, representing significant infrastructure investment for the energy sector. The agreement addresses carbon pricing concerns that previously blocked the project, creating a pathway forward for construction. This development could reshape North American oil logistics and strengthen Canada's energy export capacity. The deal signals political alignment between federal and provincial governments on resource development, potentially attracting substantial capital investment to the region and supporting thousands of jobs in construction and operations.