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
This article was written by Eamonn Sheridan at www.forexlive.com.