Carney and Smith say West Coast pipeline could support new oil investment

Prime Minister Mark Carney and Alberta Premier Danielle Smith said a proposed West Coast pipeline could encourage new investment in Alberta's oilsands after years of limited largescale development. Carney announced that the Pacific Link pipeline, a proposed route from Alberta to a tanker terminal in southern British Columbia, has been designated a project of national interest. That status puts the plan into a faster review process through the federal major projects office. The article says industry leaders are weighing whether the pipeline, along with changes to policy and market conditions, could lead companies to restart bigger projects. Supporters argue the sector is more efficient and better prepared than during the last boom, while experts also warn that labour and infrastructure needs could become a major challenge if multiple projects move ahead.