The Peak Daily

Pinky promise 🤝 -  Ottawa and Alberta reach pipeline deal, Molson Coors sues alleged embezzler.

Nov 28, 2025
Ottawa strikes a deal with Alberta for a new pipeline while addressing climate concerns. Alberta commits to significant methane cuts and a carbon pricing increase, but opposition from BC and Indigenous groups looms. Meanwhile, Molson Coors is embroiled in a lawsuit over alleged embezzlement of $9 million involving fraudulent invoices and an ex-employee. The company aims to recover from declining sales and layoffs, as other updates include Vancouver's FIFA security measures and Quebec's controversial bill on religious symbols.
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INSIGHT

Pipeline Deal Linked To Carbon Promises

  • Ottawa tied a new Alberta-to-BC oil pipeline to major carbon-cutting commitments from Alberta, including a methane cut and a big carbon capture project.
  • The pact signals how the Carney government plans to chase energy exports while trying to claim climate credibility.
INSIGHT

Carbon Capture As A Precondition

  • The deal conditions pipeline construction on the $16.5 billion Pathway Alliance carbon capture project being implemented first.
  • That structure shows Ottawa hopes carbon capture will offset emissions from expanded oil exports.
INSIGHT

Cabinet Friction Over The Pact

  • Some cabinet members reacted negatively, with MP Stephen Guilbeault stepping down over the pipeline deal.
  • The pact exposes internal government tensions over balancing energy expansion with climate policy.
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