Alberta signs pipeline deal with Ottawa — but at what cost?
Danielle Smith secures a pipeline promise from Ottawa, but accepts a major industrial carbon tax hike in return. Kris Sims and Dan McTeague break down the deal and whether it's worth the cost
Alberta Premier Danielle Smith has signed a new pipeline agreement with Prime Minister Mark Carney, but critics say the real headline is a massive industrial carbon tax hike that could drive up the cost of fuel, food, and electricity.
The deal is being presented as a step toward building a future pipeline to Canada’s West Coast, but key details remain uncertain, including whether a private company will actually step forward to finance and construct the project.
At the same time, the agreement includes changes to Canada’s industrial carbon pricing system, with officials describing a significantly higher effective price over time — something opponents argue will be passed directly on to consumers through higher energy and transportation costs.
Energy analyst Dan McTeague joins Kris Sims to break down what Alberta gained, what it conceded, and whether this deal truly delivers on the promise of new energy infrastructure or simply locks in higher costs.
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