You’ll pay for Alberta’s new pipeline because government policy has chased away private investment

Taxpayers will pay almost all project costs because government policies have made it economically unattractive for private investors to do so.
Taxpayers will also assume the risk and pay for any cost overruns or losses stemming from Prime Minister Mark Carney, left, and Alberta Premier Danielle Smith’s pipeline proposal, write Julio Mejia and Elmira Aliakbari.

Earlier this month, the Alberta and federal governments jointly submitted a new oil pipeline proposal to the Major Projects Office where Prime Minister Mark Carney and his cabinet will decide whether or not to fast-track the proposal through the regulatory process.

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