CALGARY, AB, July 2, 2026 /CNW/ - Today, the world faces an energy crisis on three levels: our cost of living, our climate, and our sovereignty increasingly depend on a nation's ability to supply and control its own energy. More than any other country, Canada is positioned to become the leading supplier of clean and conventional energy to ourselves and the world. To harness this opportunity, we need a new approach – one that builds sustainably and in full partnership with provinces, territories, [Read more]
News
West coast pipeline, private partner, oilsands production and pathways
Alberta's government has submitted its application for the West Coast Oil Pipeline to the federal Major Projects Office for listing as a project of national interest. On this page: Private and Indigenous partnership Increasing oilsands production and building the pathways project Quick facts Related information Multimedia The West Coast Oil Pipeline will transport more than one million barrels of oil per day to Canada’s west coast and strengthen [Read more]
Canada’s Carney announces new west coast pipeline to be built by Trans Mountain Corp
Canadian Prime Minister Mark Carney on Thursday announced plans for a new oil pipeline from Alberta to the Pacific coast that will be constructed by Trans Mountain Corp in coordination with Pembina Pipeline Corp. Carney made the announcement in Calgary alongside Alberta Premier Danielle Smith, whose government said in a statement that construction of the new pipeline would commence as early as September 1, 2027. (Reporting by Ismail Shakil and Amanda Stephenson) [Read more]
More than 100K Albertans sign up for $100 affordability rebates as applications open
EDMONTON - The Alberta government says more than 106,000 residents have applied for $100 relief cheques in just over 24 hours. The direct deposits are meant to help Albertans deal with the high cost of living, but high traffic to the government's website left some frustrated by technological hurdles when it launched Wednesday. Nearly 3.4 million adults — with annual household incomes of $225,000 or less — are eligible. Jonathan Gauthier, spokesperson for Technology Minister Nate [Read more]
Discount on Western Canada Select widens
The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures widened on Thursday. WCS for August delivery in Hardisty, Alberta, settled at $15.25 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared to $13.90 a barrel on Tuesday. Wednesday was a national holiday in Canada. * The discount is now trading at levels similar to May, having unwound most of the tightening that took place in June due to wet weather and a [Read more]
B.C., Carney ink deal to retain northern tanker ban ahead of Alberta pipeline update
The plan for a new Alberta bitumen pipeline to the British Columbia coast came into focus Thursday as Prime Minster Mark Carney toggled between the two provinces to meet leaders and make announcements. At a news conference in Vancouver, Carney and B.C. Premier David Eby unveiled a memorandum of understanding that Carney says will help unlock more than $200 billion in new investment, with British Columbia as the "linchpin." The deal also maintains the tanker ban off B.C.’s northern coast [Read more]
Canada, British Columbia pledge to accelerate four LNG export projects
Canada and British Columbia have agreed to accelerate the development of four major liquefied natural gas export projects as part of a broader agreement aimed at expanding energy exports and strengthening the country's trade infrastructure. Prime Minister Mark Carney and British Columbia Premier David Eby on Thursday signed a Canada-British Columbia Cooperative Prosperity Agreement that identifies LNG Canada Phase 2, Ksi Lisims LNG, Cedar LNG and Woodfibre LNG as priority projects. Under [Read more]
Canada and British Columbia strike new cooperative prosperity partnership to build a stronger, more sustainable economy
July 2, 2026 Vancouver, British Columbia The world is changing rapidly. In response, Canada is focused on what we can control: building a stronger, more independent, and more sustainable economy. To that end, Canada’s new government is working with provinces, territories, and Indigenous partners to build major projects that diversify our exports, create thousands of new high-paying careers, and unlock Canada’s full potential as an energy superpower. With its vast natural resources and [Read more]
Canada’s Carney says pact with British Columbia maintains northwest coast oil tanker ban
The province of British Columbia announced a deal with Canada's federal government on Thursday that maintains the federal ban on oil tankers along the country's northwest coast, but appears to open the door to neighboring Alberta's proposal for a new crude oil pipeline if a different route is proposed. The deal was announced just hours before Carney is expected to travel to Alberta to join Premier Danielle Smith as she announces her province's proposal for a new pipeline with the capacity to [Read more]
Green light for Greenlight: Pembina, partners go ahead with gas plant for data centre
CALGARY - Pembina Pipeline Corp. and two partners have given the go-ahead to the Greenlight Electricity Centre, a natural gas plant serving a data centre customer. Pembina, Morgan Stanley Infrastructure Partners and Kineticor Asset Management expect the cost of the project to come in at $4.6 billion. The 932-megawatt plant would be built in Sturgeon County, part of Alberta's Industrial Heartland region north of Edmonton, with startup targeted for the second half of 2030. Data centres [Read more]
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