Alberta and Ontario are proposing a new 3,300-kilometre pipeline route to deliver crude oil across the country in a bid to reduce Canada’s reliance on foreign markets.

The proposed route, called the Northern Shield Energy Corridor, would travel across four provinces from Hardisty, Alta., to Sarnia, Ont., and would be able to move about 500,000 barrels of oil per day and expand to up to 800,000 barrels a day, according to a news release from the Ontario government.

Yet the cost of such a project – and who would pay for it – were not immediately known.

The announcement was jointly made by Alberta Premier Danielle Smith and Ontario Premier Doug Ford at a news conference in Calgary on Monday, during that city’s annual Stampede event.

“Our plan to build the Northern Shield Energy Corridor is a plan to protect workers in Ontario, Alberta and every part of the country,” Mr. Ford said in a news release Monday.