Government Takes Lead on Oil Pipeline | Calgary News

Prime Minister Mark Carney’s government has pivoted dramatically on the Trans Mountain pipeline, shifting from demanding private funding to taking full control of the $40-billion project through the crown corporation. With global oil markets rattled by a Persian Gulf conflict and rising demand from Asia, Ottawa is now racing to build a new export route from Alberta to a BC port — a move that’s forcing a historic public-led effort, including consultations with over 100 First Nations. While private investors remain hesitant and timelines stretch to 2032, the government is stepping in with incentives to boost production — signaling that this isn’t just about pipelines, but Canada’s energy future. 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/1c1c962d954b549a