Ottawa and Alberta have signed an MOU which will put the wheels in motion to have a pipeline built from Alberta to British Columbia to ship oil to Asia.

Prime Minister Mark Carney says the agreement will enable the energy sector to achieve net-zero emissions by 2050, unlock the full potential of Alberta’s energy resources, and create hundreds of thousands of new high-paying jobs.

The project would be financed by the private sector.

Premier Danielle Smith says it means Alberta would export some of the lowest carbon-intensity oil produced in the world.

The MOU, says Carney, outlines what Canada and Alberta can build – and how they can build.

Premier Smith says plenty of discussions are taking place regarding projects in addition to the pipeline.

She says TMX is talking about an extra 4

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