Danielle Smith expects foreign investment to play a role in funding a new pipeline

Watch: In the latest edition of Fuelled, Alberta Premier Danielle Smith outlines her preferences for foreign investmentYou can save this article by registering for free here. Or sign-in if you have an account.Alberta Premier Danielle Smith says there’s an ongoing debate over whether Ottawa would allow foreign, state-owned companies to invest in a new oil pipeline or in boosting production to fill it.Subscribe now to read the latest news in your city and across Canada.Subscribe now to read the latest news in your city and across Canada.Create an account or sign in to continue with your reading experience.Create an account or sign in to continue with your reading experience.She believes they will play a role.At a time of dramatic upheaval in oil markets, when Canada is looking to expand its trading relationships with Asian countries, there appears to be renewed global interest in investing in more Canadian production and exports.Analysts say a pipeline from Alberta to the British Columbia coast — estimated to cost $20 to $30 billion — is so expensive that it may require an injection of foreign capital.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.But there could be backlash and controversy if Ottawa allowed foreign state-owned companies to own even a piece of a strategic Canadian asset.In the latest edition of Fuelled, Smith outlines her own preferences for foreign investment, and where she believes Chinese state-owned companies could put their money to work.We first published our interview with Premier Danielle Smith on foreign investment in our subscriber-only newsletter, FP West: Energy Insider. Sign up now to get more exclusive insights into the oilpatch delivered straight to your inbox every Wednesday morning.Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information.365 Bloor Street East, Toronto, Ontario, M4W 3L4© 2026 Financial Post, a division of Postmedia Network Inc. All rights reserved. Unauthorized distribution, transmission or republication strictly prohibited.This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.You can manage saved articles in your account.and save up to 100 articles!You can manage your saved articles in your account and clicking the X located at the bottom right of the article.