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Varcoe: 'Investments are riding on this' — great expectations as Alberta pursues West Coast pipeline proposal

The message from the federal government surrounding oil and gas has shifted “like night and day."

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During the Calgary Stampede one year ago, Prime Minister Mark Carney said it was “highly, highly likely” his government would consider a proposed oil pipeline to the Pacific Coast to become a project of national interest.

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That initial optimism could take a step forward Thursday, marking another key moment for the Alberta-Ottawa energy accord and the province’s pipeline ambitions.

Alberta had pledged to send its proposal to the federal Major Projects Office by Canada Day, allowing it to be considered for expedited approval as a nationally significant development.

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