In November, Smith signed an agreement with Prime Minister Mark Carney to potentially create a bitumen pipeline co-owned by Indigenous groups and to reverse environmental regulations hindering progress, including the B. C. tanker ban.
The agreement aims for Alberta and Ottawa to finalize an industrial carbon price by April 1 and sets a July 1 deadline for a pipeline proposal to Ottawa’s Major Projects Office.
Smith mentioned her government is actively working on that application and expects the federal government to act “with urgency.”
“Alberta supports building pipelines in all directions to get our product to market and we look forward to continuing to work with provincial and federal partners to advance these projects,” Smith said.
The premier’s remarks align with those of many analysts and industry experts who believe Trump’s military action strengthens Alberta’s argument for increasing export capacity through a pipeline to the Pacific.
On Monday, shares in Canada’s largest oilsands companies faced challenges, as the TSX energy subindex fell by more than three percent.
This report by The Canadian Press was first Jan. 5, 2026.
Lisa Johnson, The Canadian Press
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