Ford says Ontario willing to bankroll ‘nation-building’ pipeline from Alberta to Sarnia

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeEnergyOil & GasFord says Ontario willing to bankroll 'nation-building' pipeline from Alberta to SarniaOntario's premier later said he expects outside investors to help finance the proposed Northern Shield pipeline which would move up to 500,000 barrels per dayLast updated 15 minutes ago Alberta Premier Danielle Smith and Ontario Premier Doug Ford take part in an Enserva luncheon talk discussing the provinces’ roles in powering Canada’s economic future, at the Telus Convention Centre in Calgary on Monday, September 28, 2026. Photo by Gavin Young/PostmediaDoug Ford says Ontario is “in.”THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountThe Ontario premier told a Calgary luncheon crowd Monday that his province is willing to finance the proposed Northern Shield pipeline which would move up to 500,000 barrels per day from Hardisty, Alta., to Sarnia, Ont.Before a room packed with Alberta energy executives, Ford pitched Northern Shield as a nation-building project: Canadian crude moving through a pipeline made of Canadian steel and built by Canadian workers.This advertisement has not loaded yet, but your article continues below.“Ontario is ready to supply the patient capital needed to get the project built,” Ford said. The premier later told reporters Ontario won’t pay for the pipeline alone, and that he expects outside investors to come to the table.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 againHe cast the pipeline as a major step toward Canadian energy sovereignty, arguing the country must ensure no other nation can stop its resources from reaching customers around the world.Too often, he said, the risks of building major projects in Canada outweigh the rewards, and that has to change.“If John A. Macdonald could build a cross-country railway in the 1860s, then why can’t we build a cross-country pipeline today?” Ford said.A feasibility study exploring costs and commercialization options is due by the end of this year.When Ford and Alberta Premier Danielle Smith unveiled the idea at the Calgary Stampede in July, Ford said Ontario could own the pipeline and pay for construction if needed.Ford’s latest public appearance in Calgary suggests his enthusiasm for the project has not dwindled.The idea for the Northern Shield energy corridor comes as trade relations between Canada and the United States have sunk to their lowest point in decades.This advertisement has not loaded yet, but your article continues below.Washington slapped 50 per cent tariffs on a range of Canadian goods in August, and Ottawa hit back with matching levies on $28-billion of U.S. imports.Smith noted that just three per cent of Alberta’s $188 billion in exports to the U.S. face Trump’s tariffs, compared with roughly 20 per cent of Ontario’s $500 billionThat turmoil is Northern Shield’s business case. The pipeline would give Alberta crude a path to Ontario refineries that never touches American soil.“Donald Trump has done two things,” said Ford. “First, he woke Canadians up. And second, he has united us as a country.”So much so that major infrastructure projects like Northern Shield may have some momentum.Pressed on whether his suggested timeline of under four and a half years was realistic, Ford said it was. Smith acknowledged that Ford’s four-year timeline to build the pipeline was aggressive, but “doable.”This advertisement has not loaded yet.Notice for the Postmedia NetworkThis 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.