Ottawa and Alberta have struck a pipeline deal. What else does it include?

A new agreement between the federal government and Alberta aims to lay the groundwork for a new pipeline to the B.C. coast.

Prime Minister Mark Carney and Alberta Premier Danielle Smith signed the Memorandum of Understanding (MOU) Thursday, which aims to “diversify our export markets, make Canada an energy superpower, and build a stronger, more sustainable, more competitive economy.”

But what does the Memorandum of Understanding say? And what does it actually get done? Here’s what you need to know.

A new pipeline

The flagship proposal in the MOU is a bitumen pipeline from Alberta to Canada’s West Coast that would carry an additional 300,000 to 400,000 barrels per day destined for Asian markets.

The agreement doesn’t say what route the pipeline will take but says Alberta is expec