Canada secures deal for major oil pipeline to Pacific coast
Canadian Prime Minister Mark Carney has secured an investment agreement with British Columbia for a major oil pipeline that would move more than 1 million barrels a day from Alberta to the country's west coast. The project is intended to give Canada greater access to Asian markets and reduce its economic dependence on the United States. The announcement marks a significant step forward for a proposal that had faced initial opposition in British Columbia.Carney said the best route for a new pipeline would follow an existing corridor south through the Trans Mountain route to the Pacific coast. He said the... [Continue Reading]
Sponsored

