Canada’s Two Rival Provinces JUST AGREED on Something HUGE — Here Is the $50 Billion Catch Good evening, I’m James Carter.
While Alberta and British Columbia continue fighting over a proposed oil pipeline, the two provinces have quietly united behind something even bigger: over $50 billion in LNG investments.
LNG Canada Phase Two and Ksi Lisims LNG are both being pushed toward final investment decisions before the end of 2026, with support from Alberta, BC, and the federal government.
The reason is simple. Unlike oil pipelines, LNG projects do not face Canada’s oil tanker moratorium. LNG Canada is already operating, and Ksi Lisims has secured major European supply agreements, creating a clearer political and legal path forward.
For Alberta, the benefits are huge. The Montney gas basin spans both provinces, meaning Alberta producers profit even when LNG is exported through BC’s coast.
If approved, these projects could add tens of billions of dollars in annual export revenue and strengthen Canada’s position as a major global LNG supplier.
The lesson is clear: where Indigenous partnerships, economics, and regulations align, Canada’s energy projects can move forward quickly.
I’m James Carter, and this is Canada Current.