Canada Revives Cross-Country Oil Pipeline to Cut U.S. Energy Dependence

Canada's federal and Alberta governments have jointly proposed a new 3,300-kilometer oil pipeline from Hardisty, Alberta to Sarnia, Ontario, capable of carrying up to 500,000 barrels per day (expandable to 800,000 bpd). The project aims to reduce Canada's reliance on U.S. transit routes for its crude oil, which currently accounts for 63.4% of U.S. crude imports. Prime Minister Mark Carney announced C$150 billion in energy investments, including pipeline development, with a 'meaningful ownership stake' for Indigenous communities. The plan revives a decade-old abandoned idea and faces opposition from environmentalists concerned about climate targets and past project cost overruns. British Columbia's Premier David Eby signaled support with safeguards, while a federal tanker ban on B.C.'s north coast remains in place, addressing Indigenous concerns. The pipeline could eventually extend to the Atlantic coast for European exports.