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B.C. Premier David Eby (left), provincial Housing Minister Christine Boyle and federal Housing Minister Gregor Robertson (right) look on as Prime Minister Mark Carney makes an announcement at a construction site in Vancouver on Thursday, June 18, 2026. THE CANADIAN PRESS/Chad Hipolito

B.C.’s multibillion-dollar MOU with feds retains northern tanker ban

Jul 2, 2026 | 7:40 AM

VANCOUVER — An agreement between British Columbia and the federal government will maintain the northern oil tanker ban.

The memorandum of understanding unveiled by Prime Minister Mark Carney and Premier David Eby in Vancouver also says the province will be compensated for environmental risks if Ottawa imposes an oil pipeline on B.C.

Carney says the memorandum of understanding will help unlock more than $150 billion in new investment, with British Columbia as the “linchpin.”

The prime minister is scheduled to head to Alberta later today for a news conference with Premier Danielle Smith, where they’ll be making an announcement about plans for a pipeline to B.C.’s coast that Eby has long criticized.