Ottawa/IBNS, Nov. 29 -- Canadian Prime Minister Mark Carney and Alberta Premier Danielle Smith on Saturday signed a memorandum of understanding aimed at strengthening cooperation in the energy sector, diversifying export markets and reaching net-zero emissions by 2050.

The agreement comes as the United States, Canada's largest trading partner, undergoes major shifts in trade policy, prompting renewed focus on reducing economic dependence on a single market.

Federal and provincial officials say the partnership aims to build a more resilient economy, expand responsible energy development and position Canada as a global energy leader.

Under the MOU, the two governments will work with industry on large-scale projects, including Pathways Pl...