Canada Eyes Two New Oil Pipelines

Canada Eyes Two New Oil Pipelines By Andrew Topf - Jul 08, 2026, 2:00 PM CDT Canada is fast-tracking a new West Coast oil pipeline from Alberta to British Columbia as a public-private partnership, aiming to boost crude exports to Asia via a southern route that avoids major Indigenous and regulatory obstacles. The project could cost $35–43 billion and carry up to 1 million barrels per day, while Alberta and Ontario are also exploring a separate 3,300-km pipeline to move 500,000 bpd of crude east to Sarnia. Prime Minister Mark Carney has shifted Canada toward a more pro-energy policy, rolling back several Trudeau-era climate measures and accelerating approvals for major infrastructure projects in response to economic and geopolitical pressures.