CIBC analysts applaud Alberta efforts to spur new pipeline, but doubt its success

They say in a report that they applaud the effort and are open to the possibility of such a project going ahead, but the political and economic realities may be difficult to overcome.

Read more: • Alberta re-enters pipeline arena, plans to propose new oil pipeline to B.C. coast • Alberta ‘on notice’ Coastal B.C. nations opposed to pipeline proposal • Legal challenges claim B.C. natural gas pipeline hasn’t been ‘substantially started’

Smith says her government is putting up $14 million for early planning work on a pipeline that it hopes the private sector will eventually take over, with potential Indigenous ownership.A committee of industry, First Nations and political leaders will advise on the specifics of a proposal, including its route to the northern B.C. coast.

Alberta is to