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submitted 1 day ago by grte@lemmy.ca to c/canada@lemmy.ca
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[-] grte@lemmy.ca 15 points 1 day ago* (last edited 1 day ago)

You'll notice there's a premier missing who's province is going to have to be involved in this. Also, how do you all feel about selling off our ports and airports to buy Danielle Smith another pipeline? Because,

There is no private sector proponent or route for a possible pipeline. The Alberta government says it will act as the project's proponent in submitting the proposal to the federal government's major projects office.

that "Sovereign Wealth Fund" will definitely be financing this.

[-] No_Eponym@lemmy.ca 5 points 16 hours ago

Convinced if someone does a Scooby-Doo mask pull on Carny, it will have been Stephan Harper all along.

[-] Slowy@lemmy.world 5 points 1 day ago

Does that mean it will be like a crown owned pipeline? Not that privatizing ports is worth a provincial pipeline but that would be an interesting outcome.

[-] grte@lemmy.ca 2 points 1 day ago* (last edited 1 day ago)

Potentially, depending on how they choose to finance it. The Trans Mountain pipeline is fully government owned through a crown corp, they could do something similar. Or they could potentially go with a P3 model where they use government funds to make investment more attractive to a private corporation resulting in a privately owned pipeline or shared ownership depending on the specifics of the agreement.

[-] johnefrancis@lemmy.ca 9 points 23 hours ago

it will be a public funded, money-losing pipeline that subsidizes the profits of the foreign companies that extract 70% of Alberta oil.

Just like TMX.

[-] ValueSubtracted@startrek.website 2 points 22 hours ago

A private backer was a requirement in the original MoU, and I can't tell from the article whether that's still the case.

If so, the whole thing may well be a non-starter.

this post was submitted on 15 May 2026
28 points (96.7% liked)

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