West Coast Pipeline Deal Is a Massive Gift to the Oil Industry, Alberta

Prime Minister Mark Carney says a new West Coast pipeline will help build Canada's future. But does the economics support one of the largest public investments in Canadian history? In this interview, Pembina Institute analyst Ian Sanderson examines the business case behind Ottawa's proposal. We discuss why taxpayers—not private investors—will own most of the project, whether Alberta bitumen can compete against lower-cost producers like Saudi Arabia and Iraq, whether Asia will still need Canadian heavy crude by the mid-2030s, and why no government has presented Canadians with a transparent demand forecast or business case. If the numbers don't add up, Canadian taxpayers—not the oil industry—could end up bearing the financial risk. #MarkCarney #Pipeline #OilSands #Canada #Energy #EnergyTransition #Economics #TMX #Alberta #China #India #Taxpayers #EnergiMedia