Prime Minister Mark Carney signs an MOU with Alberta Premier Danielle Smith in Calgary on Nov. 27, 2025. The Canadian Press/Jeff McIntoshPrime Minister Mark Carney and Alberta Premier Danielle Smith signed an agreement on Nov. 27 that paves the way for a new West Coast pipeline if a private proponent comes forward, while also changing key energy policies introduced by the previous Trudeau government.As part of the agreement, Alberta has also made certain commitments to reduce emissions.A Pipeline With a CaveatThe memorandum of understanding (MOU) between Ottawa and Alberta allows for one or more privately financed pipelines, including a proposed route capable of carrying roughly 1 million barrels a day of bitumen to Asia.
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