🇨🇦 Mark Carney
Carney, Smith say new West Coast pipeline could get oil companies building again
What happened
Prime Minister Mark Carney announced the Pacific Link pipeline proposal, a million-barrel-per-day pipeline from Alberta to a tanker export terminal in southern B.C. This designation means the proposal will be reviewed by the Calgary-based major projects office. The pipeline is the first proposal to receive such a designation under legislation passed last year.
Why it matters
The potential pipeline could help increase oil production in Alberta, a region that has seen relatively quiet activity in the past decade. The proposal's review process is expected to be streamlined, potentially facilitating its development. This development may have implications for the oil industry and the economy.
Key facts
- The Pacific Link pipeline is a million-barrel-per-day pipeline from Alberta to B.C.
- The proposal was deemed in the national interest under legislation passed last year.
- The review process will be shepherded by the Calgary-based major projects office.
Publisher evidence used
Reporting attributed to cbc.ca. WorldLeadersNews links readers to the publisher and does not present a headline-only item as a full article analysis.
Related leaders
