Government Funds Drive Alberta’s New Pipeline | Winnipeg News

Alberta’s pushing a massive new pipeline, mostly funded by government cash—over $35 billion—with private firms covering just 10%. Economists say this public-private model might be the only way to get such huge projects moving, even if pipelines themselves aren’t big profit centers. The real value? Jobs, royalties, and economic ripple effects across construction, housing, and local services. The plan also aims to sell more energy abroad, potentially boosting Canadian producers’ prices. While private companies avoid full risk, their involvement could keep costs down and projects on track—echoing Canada’s history of government-led infrastructure, like railways and ports. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4c646451a2197606