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PM Carney says new oil pipeline proposal in Canada is highly likely

Forexlive | Forex News, Technical Analysis & Trading Tools · last updated

Prime Minister Mark Carney said a new oil pipeline to British Columbia’s coast is very likely to be designated a nationally significant project

  • citing the scale of the economic opportunity and Canada’s resource strengths

Carney was speaking from the Calgary Stampede in an interview with the Calgary Herald

  • emphasised that such initiatives should come from the private sector, not through direct government directives
  • also voiced support for a proposed C$16.5 billion carbon capture project in Alberta’s oil sands

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