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Or sign-in if you have an account.“Canada and British Columbia will work together to accelerate the projects that will unlock Canada’s full potential as a global energy superpower – starting with LNG,” Mark Carney said. Photo by Handout/Government of British ColumbiaPrime Minister Mark Carney announced billions of dollars in federal funding for energy, mining and transportation projects in Canada’s west coast province of British Columbia.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 AccountorThe move is meant to boost Premier David Eby’s top priorities for his province, but also serves to soften the blow of a more controversial announcement: Alberta’s bid to build a new crude oil pipeline through B.C.’s mountainous terrain.The route of the pipeline has yet to be finalized, but Carney said that his government will maintain an existing ban on oil tankers loading on B.C.’s north coast. It is unclear whether that entirely rules out a northern route for Alberta’s prospective pipeline.Breaking business news, incisive views, must-reads and market signals. Weekdays by 9 a.m.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Posthaste will soon be in your inbox.We encountered an issue signing you up. Please try againCarney is visiting both provinces on Thursday, first stopping by Vancouver to meet with Eby and unveil the “Canada-British Columbia Cooperative Prosperity Agreement,” laying out a framework for advancing multiple major projects along the Pacific coast.The Canadian leader will then travel to Calgary for an evening announcement with Alberta Premier Danielle Smith, where they’ll provide details on a formal pipeline proposal that would ship oil sands crude to Asian markets.The B.C. agreement includes $3.5 billion in federal money for the North Coast Transmission Line, a project aimed at providing clean power to critical mineral mines and natural gas export infrastructure in the province’s remote northern region.It also promises $500 million to expand the Red Chris Mine, a copper mine in northern B.C., and a further $3 billion for the George Massey Tunnel Replacement Project, a new 8-lane highway tunnel under the Fraser River near Vancouver.Eby said the agreement doesn’t require his government to support any pipeline proposal from Alberta, but he recognizes that the province doesn’t have the constitutional authority to block it.“We will not be going to court to fight a pipeline project. Instead, we will ensure we fulfill our constitutional obligations in good faith. Pipelines are federal jurisdiction. That’s why this agreement matters,” he said.Carney also promised his government’s support for upgrading and expanding B.C.’s ports, as well as accelerating the permitting and financing for liquefied natural gas export terminals — including the second phase of LNG Canada and the new Ksi Lisims terminal near the Alaska border.“Canada and British Columbia will work together to accelerate the projects that will unlock Canada’s full potential as a global energy superpower – starting with LNG,” Carney said in prepared remarks. 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.