Canada shifts to a southern Trans Mountain route with $150B investment and Indigenous partners

Canada and Alberta unveiled more than C$150 billion in investments to push a major new oil pipeline that would follow the Trans Mountain corridor and end at a southern terminal, capable of moving about 1 million barrels per day. The plan emphasizes Indigenous ownership, substantial methane reductions, and immediate consultations with Indigenous communities, provinces, and territories, while keeping the northern tanker ban in place. British Columbia backs safeguards and compensation for environmental risks, but First Nations warn of potential spill dangers, climate groups critique further fossil fuel expansion, and critics say taxpayers may bear most of the project costs and face possible overruns.
- New pipeline in Canada to proceed after C$150bn pledged to ease BC and First Nations concerns The Guardian
- Proposed oil pipeline to B.C. coast spurs alarm in Washington state Washington State Standard
- Canada Strikes ‘Middle Ground’ on Pipeline Deal After Hard Talks Bloomberg.com
- Canada, Alberta Agree to Back New Crude Pipeline to Pacific Coast WSJ
- Carney Unveils Western Canada Mega-Projects to Boost Asia Trade The New York Times
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