Alberta and Ottawa sign pipeline deal

[00:00:00]Putting pen to paper on a possible pipeline. I'm thrilled to share that the agreement we signed today clearly sets out a pathway to the construction of a new oil pipeline to Asian markets commencing as early as September 1st, 2027. Coming together, making an agreement, moving forward, creating a better future for our kids and grandkids. The proposed project would see as much as 1 million barrels of Alberta oil a day shipped overseas with a pipeline that would run through BC to the coast. Premier Eby pushing back via statement. As a country, it's time to stop rewarding bad behavior. It cannot be the case that the projects that get prioritized in Canada are those where a premier threatens to leave the country.

[00:00:44]Eby also reiterating his government's opposition to any changes to the North Coast tanker ban, a key obstacle for any pipeline to that region. First Nations and environmental groups also raising concerns. There's no place for oil tankers and no offer of equity or ownership will will change our position.

[00:01:06]It not only risks our coastline from a potential oil spill, it also risks all the communities along the route.

[00:01:14]Meanwhile, BC's conservatives, long-time supporters of the project, are criticizing the premier for standing in the way. The premier's been pretty much placed at the kids table for this entire process and so I think frustrations have grown obviously with the Alberta government and with the federal government and the fact that we've got a premier in BC who is obstructionist.

[00:01:36]Experts say even if BC opposes a pipeline, it may not be able to stop one. I think we discovered with the Trans Mountain case that we don't have the legal tools to do this. The province doesn't have the legal tools. There are still many steps to go including finding private investors to back the project.

[00:01:53]The premier is saying Ottawa should instead focus on other BC projects, including mining and critical minerals.

[00:02:00]And he's set to meet with the Prime Minister next week. Kevin Scharath, CTV News.