Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials HomeCommoditiesEnergyOil & GasCarney pitches reluctant B.C. on new oil pipeline to fuel AsiaCarney promised it would benefit B.C., include a massive carbon capture project and will consult with Indigenous peopleAuthor of the article:Last updated 1 hour ago You can save this article by registering for free here. Or sign-in if you have an account.Prime Minister Mark Carney meets with B.C. Premier David Eby during bilateral talks in Vancouver, B.C., May 20, 2026. Photo by NICK PROCAYLO/PNGPrime Minister Mark Carney said people in British Columbia should see “substantial economic and financial benefits” from a proposed new oil pipeline to the province’s coast, which B.C. Premier David Eby opposes.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorLast Friday, the neighbouring province of Alberta signed a deal with Carney on energy rules, helping pave the way for a pipeline it is proposing to carry 1 million barrels of crude to the west coast for shipment to Asian markets. It faces environmental and Indigenous resistance in B.C.In an address to the Greater Vancouver Board of Trade, Carney said it would only be built under three conditions: benefits for B.C., the building of a massive carbon capture project and consultation with Indigenous people.Carney planned to meet with Eby later on Wednesday. One item on the agenda is a national harmonized levy on carbon, Carney said. Last week’s deal with Alberta included a carbon price benchmark that is lower than the current federal minimum one, a disparity Eby had criticized.Eby has slammed the Canada-Alberta deal as rewarding “bad behavior,” pointing to the threat of separatism from the oil-rich province that has been given an understanding ear by Alberta’s Premier Danielle Smith.“This country cannot work if separatists, separatist premiers, others, get all the attention of the federal government,” Eby told reporters on Tuesday.Asked by the Board of Trade’s chief executive Bridgitte Anderson how he will navigate opposition, Carney said the federal government needs to show up and listen to concerns, but also: “If things get stalled here, we’re going to be spending more time elsewhere in the country, because we need to move forward.” Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.