Latest news with #energyCorridors
CBC
07-07-2025
- Business
- CBC
Ontario Premier signs agreement with Alberta to build Ring of Fire railway
Ontario Premier Doug Ford has signed an agreement with Alberta Premier Danielle Smith to help build a railway to the mineral-rich Ring of Fire region. The two premiers signed two non-legally binding memorandums of understanding today about increasing trade and building energy corridors, including commitments to build oil and natural gas pipelines to northern and southern Ontario. Ford has been trying for years to build a critical mineral supply chain that would connect the mines in northern Ontario to processing facilities further south. Two First Nations are leading environmental assessments on three roads that would connect the Ring of Fire region to the provincial highway system. Ford's government recently passed legislation in an effort to speed up the construction of a mine in the Ring of Fire by creating so-called special economic zones where provincial and municipal laws can be suspended for certain projects. That new law has sparked outrage from First Nations who say it tramples their rights and ignores their concerns.
CTV News
07-07-2025
- Business
- CTV News
Premiers Danielle Smith and Doug Ford agree to study new energy corridors, more trade
There are currently no events scheduled on LIVE3. Check back soon to watch live events from across Canada and the world! This content is not currently available for viewing in your browser. For the best video experience, we recommend using a supported browser for your platform. Please visit our FAQ for more info. [3001/6008] The premiers of Alberta and Ontario have agreed to a feasibility study of new pipelines and rail lines between provinces while increasing interprovincial trade of alcohol and vehicles. The agreements are laid out in two memorandums of understanding that the premiers signed in Calgary. The potential pipeline and rail line routes to be studied would connect Alberta's oil and gas resources and critical minerals to James Bay in eastern Ontario with a commitment to use Ontario-made steel. The memorandum for supporting new energy corridors says the study would make it easier for the private sector to get on board and lead development. Alberta Premier Danielle Smith says the agreements signify the two provinces' commitment to drive investment and boost market access for their key industries. Ontario Premier Doug Ford says the provinces are trying to make Canada's economy more resilient in the face of U.S. President Donald Trump's tariffs. He says he hopes Ottawa will get on board by repealing a number of energy regulations including net-zero targets.
