The proposed crude oil pipeline from Alberta’s oilsands to the B.C. coast that Alberta Premier Danielle Smith has been championing and that Prime Minister Mark Carney has ostensibly signed off on in a “grand bargain” last month is unlikely to be built.

It won’t begin construction as early as next year, as Smith has suggested, or be delivering one million barrels a day of Alberta crude to the Pacific coast by the mid-2030s, if ever.