Business & Economics
Canada–Alberta MOU Trades Climate Rollbacks for New Pacific Bitumen Pipeline Push
On 27-28 Nov 2025, Prime Minister Mark Carney and Alberta Premier Danielle Smith signed a memorandum of understanding that scraps Ottawa’s planned oil-and-gas emissions cap and clean-power rules in exchange for jointly seeking a private proponent and Indigenous co-ownership for a one-million-barrel-per-day bitumen pipeline to British Columbia’s north coast.