Heavy oil pipeline for Canada, Alberta to coast of BC, looks set for approval


Canadian Prime Minister Mark Carney and Alberta Premier Danielle Smith are set to announce a memorandum of understanding on energy on Thursday.

  • Likely related to a heavy oil pipeline running from Alberta to the British Columbia northwest coast
  • Reports are that and Alberta are close to concluding a wide-ranging framework on energy development, including a limited exemption to the existing ban on oil tanker traffic off British Columbia’s northwest coast.
  • Carney and Smith are expected to sign an MOU to formalize the agreement

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This article was written by Eamonn Sheridan at investinglive.com.



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