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Trans Mountain

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business1 hour ago•6 min saved

Canada backs West Coast oil link to Asia to unite provinces and expand exports

Prime Minister Mark Carney announced a public-private West Coast pipeline to ship up to one million barrels per day of Alberta oil to Asian markets, a policy shift aimed at boosting exports, addressing western separatism, and strengthening national unity. The project involves the Alberta government, Trans Mountain Corporation, and Pembina Pipeline, with funding details to be negotiated, and comes alongside a separate Canada–British Columbia deal to support LNG and mining projects.

via Politico|

#alberta #business #carney

world2 hours ago•5 min saved

Canada eyes Asia energy via new west-coast pipeline

Canada unveiled plans for a more-than-1,000-km oil pipeline from Alberta to British Columbia to export up to 1 million barrels per day to Asia, part of a broader strategy to reduce dependence on the US. The project would be built by Trans Mountain Corp with Pembina Pipeline, aiming to attract over C$200 billion in direct investments and expand LNG terminals and Vancouver’s port capacity. Led by Prime Minister Mark Carney, the plan signals a shift toward Asian energy markets, though it faces environmental and Indigenous concerns.

via Financial Times|

#asia #canada #mark-carney