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

Forex Short News

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.