NDP’s Nenshi supportive of public cash for Alberta pipeline, wants honesty from Smith


Naheed Nenshi delivers his acceptance speech after being named as the new leader of the Alberta NDP in Calgary, Saturday, June 22, 2024.THE CANADIAN PRESS/Jeff McIntosh – The Canadian Press

Alberta’s Opposition NDP leader says Premier Danielle Smith’s plan for a new pipeline has his support, but he’s calling on her to be honest about how much taxpayers could be on the hook for it.

Naheed Nenshi also says public financing for the pipeline shouldn’t be a deal-breaker.

“There sometimes is space for public dollars, and the big pipelines that have been built over many years in Canada certainly had public participation in different ways,” Nenshi said Friday.

“What we really need is transparency and honesty from the premier and from the (United Conservative Party) government on precisely what they’re putting in, and if they’re doing it for good economic reasons.”

Smith announced Thursday that her government has submitted to Ottawa a finalized route, with builders on board, for a new bitumen pipeline to the British Columbia coast.

Prime Minister Mark Carney and Alberta Premier Danielle Smith arrive to announce a proposed pipeline from Alberta to the B.C. coast in Calgary on Thursday, July 02, 2026. THE CANADIAN PRESS/Todd Korol

It stems from an energy accord she signed last year with Prime Minister Mark Carney, who walked back several federal environmental laws and, in the hours before Friday’s announcement with Smith, signed a deal with B.C. Premier David Eby that makes a new pipeline more realistic.

Carney said a decision would be made by October on whether the project gets a national interest designation for fast-tracking through federal permitting processes.

The pipeline would run from Bruderheim, Alta., northeast of Edmonton, to a marine terminal in Delta on the southern B.C. coast. It would largely follow the path of the existing Trans Mountain pipeline and deliver more than one million barrels per day to be shipped to Asian markets.

The private-sector stake in Smith’s project — held by Pembina Pipeline — is currently pegged at 10 per cent. But the premier said things could change as the project progresses and Indigenous groups sign on.

Alberta’s Indigenous Relations Minister Rajan Sawhney said in a statement the equity open to Indigenous groups is also 10 per cent. She said details would be announced later.

The remaining interest is shared by the province and Trans Mountain Corp., a federal Crown corporation.

Alberta’s submission package says the estimated cost is between $35.2 billion and $43.7 billion, including contingency costs.

Smith said the amount of public financing for the project remains to be negotiated. But she and Carney were quick to say profits would more than pay for construction.

“This is transformational wealth, an opportunity neither Canada nor Alberta can afford to leave unrealized,” she said Thursday.

The submission says initial construction could begin in fall 2027 and the pipeline could be completed by 2033-34.



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