Canadian Prime Minister Mark Carney meets with Alberta Premier Danielle Smith during a stampede breakfast at the United Brotherhood of Carpenters and Joiners of America in Calgary on July 5, 2025. Photo by Darren Makowichuk/Postmedia

Prime Minister Mark Carne y and Alberta Premier Danielle Smith have agreed to the broad terms of a deal that would support a new oil pipeline to Canada’s west coast, the Canadian Broadcasting Corp. reported Monday.

Currently Canada has rules which Smith and industry observers say deter investors from committing to a new conduit to ferry Alberta’s oil to the coast of British Columbia, and then to Asian markets. The most obvious legal block is a ban on tankers carrying oil off the northern British Columbia coast.

The federal and provincial leaders are s

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