OTTAWA — With the stroke of a pen, Alberta and the federal government entered into a memorandum of understanding (MOU) to further efforts to build much-needed oil pipelines.

Prime Minister Mark Carney was in Calgary Thursday for the event, joined by Alberta Premier Danielle Smith at the McDougall Centre — the centre of the provincial government in the city’s downtown core.

“This is a really great day for Albertans,” Smith told the PM before the signing ceremony took place.

“We have been working for some time on addressing the nine ‘bad laws’ as I like to call them, that have been impacting our investment climate here, and I’m pleased that we’ve reached an agreement to substantially work on removing and revising those laws.”

According to the Alberta government, the agreement includes:

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