Alberta will make initial West Coast oil pipeline proposal without private backing, sources say
The Alberta government plans to submit a proposal for a new West Coast oil pipeline to federal regulators without current private-sector backing. Despite the lack of private partners, the province aims to meet a July 1 deadline to fast-track the project.
Why it matters
The project highlights the tension between provincial resource development goals and the financial risks that private companies are currently unwilling to assume.
Alberta Energy Minister Brian Jean, left, rises with fellow provincial cabinet minister Nathan Neudorf in the House of Commons in Ottawa on April 29. Justin Tang/The Canadian Press
The report presents the government's plan alongside the challenges and lack of private sector interest in a balanced manner.
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