A new agreement will restore provincial approvals on projects within the province’s jurisdiction, reduce duplication, and further unlock Alberta’s economic potential.
The governments of Canada and Alberta have worked collaboratively to reach an agreement-in-principle on a Cooperation Agreement on Environmental and Impact Assessment that will see major projects built faster.
This new agreement-in-principle on environmental and impact assessment represents the next milestone reached following last year’s landmark energy agreement and builds on the removal of the oil and gas production cap, and the net zero power regulations in Alberta, turning shared commitments into concrete action.
Alberta’s government has heard clearly from industry and investors that federal project assessments are redundant given the rigorous reviews and approvals that already take place at the provincial level. The agreement will streamline assessment and regulatory processes, reduce duplication and help projects move forward more quickly.
Through this cooperation agreement-in-principle, both governments have committed to taking steps to approve projects more efficiently, including:
“This agreement is a meaningful next step toward faster, more efficient project reviews, and removes the need for federal approvals of projects that are squarely within the province’s jurisdiction. This will see Alberta projects approved faster, and shovels in the ground sooner.”
“In the face of global trade shifts, Canada and Alberta are launching the next phase of our partnership. Together, we will build big and build fast to create a stronger, more sustainable, more independent economy for Albertans and all Canadians.”
“This agreement is about cutting red tape while maintaining Alberta’s strong environmental standards. By reducing duplication and relying on Alberta’s proven assessment process, we can move projects forward faster and give investors the certainty they need.”
“Through this agreement, the governments of Canada and Alberta affirm a shared commitment to respecting Indigenous Peoples rights recognized and affirmed under the Constitution. This commitment includes promoting reconciliation by supporting Indigenous ownership and partnerships and ensuring early, consistent, and meaningful consultation as projects progress.”
“The Cooperation Agreement announced today marks an important change for major project reviews in Alberta. This agreement puts decision-making squarely where it belongs — with the Government of Alberta. The Business Council of Alberta is pleased to see this shift and is optimistic it will help reduce approval timelines, create greater certainty, and improve conditions for investment in the province.”
See the official announcement on the Government of Alberta website here.