In recent years, the development of new oil pipelines in Canada has encountered significant obstacles, leading to project delays and cancellations. The Alberta government has now proposed a new pipeline to transport oil to British Columbia's Roberts Bank Terminal, aiming to enhance export capacity and access Asian markets. This ambitious project, estimated to cost between $35.2 billion and $43.7 billion, is set to follow a route similar to the existing Trans Mountain Expansion pipeline. The Trans Mountain Corporation will oversee its planning and construction, with the Pembina Pipeline Corporation acting as a private sector partner, holding a 10% stake during construction and potentially increasing to 20% upon the pipeline's completion. Prime Minister Mark Carney emphasized Pembina's role in bringing private sector expertise and capital discipline to the project. Alberta Premier Danielle Smith expressed optimism about the possibility of a full private sector takeover in the future. (
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Pipelines faced key challenges in the past. Can Alberta’s overcome them?
Published July 5, 2026 at 7:29 PM UTC