'This is a bad deal for Alberta': Keith Wilson issues warning over Carney's MOU with Alberta

Wilson warns Alberta's agreement with the Liberal government doesn't guarantee the construction of a new pipeline and will make the province's oil and gas industry uncompetitive.

On last night's episode of The Ezra Levant Show, constitutional lawyer Keith Wilson discussed what's next for Alberta's energy industry after the province formally submitted its proposal for a new oil pipeline to the West Coast earlier this week.

Wilson slammed the preceding memorandum of understanding between Ottawa and Alberta — signed in November 2025 — over its imposition of carbon taxes and net-zero rules for the province's energy industry.

"The deal [Carney] required of the MOU here, imposes such increased costs on our production, and not just any new production that might go to Asia, our existing production, that Jack Mintz, who's a world-renowned economist, just released a report in conjunction with the Fraser Institute that said when you combine Carney's required carbon taxes on our oil and gas industry here in Alberta with the Pathways Project, which is a carbon capture project that will cost $20 to $30 billion to install and many billions per year to operate, along with other net-zero rules that Prime Minister Carney's imposing on our oil and gas industry, it will make our oil and gas industry uncompetitive," he said.

Wilson warned that Alberta now finds itself in a precarious position, with Premier Danielle Smith having signed onto a framework that ties pipeline hopes to expensive and uncertain carbon capture technology while locking the province into Carney’s broader net-zero agenda.

What's next for Alberta remains unclear, as the proposal must still navigate British Columbia Premier David Eby’s government — which just days ago secured its own multi-billion-dollar deal with Carney that explicitly upholds the northern oil tanker ban.

Critics like Wilson argue this leaves Alberta dependent on negotiations with a hostile BC government and a federal leader whose climate commitments appear to outweigh genuine support for conventional energy, potentially forcing the province to either accept a bad deal or escalate its push for greater autonomy.

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COMMENTS

Showing 3 Comments

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  • Bruce Atchison
    commented 2026-07-03 20:50:50 -0400
    Once again, Danielle Smith was bamboozled by a smooth-talking man. And once again, Albertans will pay the price.
  • Matthew Beatty
    commented 2026-07-03 18:21:19 -0400
    Daniel Smith should know very well the tricks Mark Carney will play, if she accepts this deal with Mark Carney this will likely finish her as UCP leader.
    This would be a sellout, decision, and costly one. You cannot trust Mark Carney, he’s proven his credibility is less than zero, and certainly not working for Canada. If this deal goes through Alberta might as well just give him all the rest of our resources.
    We need to say no, and any agreement should be scrapped.
    Mark Carney needs Alberta way way more than we need him.
    This the time we ,,, need to say NO to that deal.
  • Bernhard Jatzeck
    commented 2026-07-03 17:20:26 -0400
    During the 1970s, Alberta and Ottawa butted heads over the price of Alberta-produced oil. Eventually, PET and Peter Lougheed came to an agreement and signed a deal. It didn’t take long after that for PET to turn around and stab us in the back with the NEP, thereby hog-tying the oil industry.

    Someone likened diplomacy as saying “nice doggy” until one finds a sufficiently large rock. Carney is saying nice things to us while he is finding a way by which he can clobber us.