Canada takes key step towards new oil pipeline to serve Asia markets

South China Morning Post South China Morning Post

Prime Minister Mark Carney and the leader of Canada’s oil-rich Alberta province took a major step on Friday towards building an oil pipeline that could substantially increase crude exports to Asia.
Expanding overseas energy exports has emerged as a key part of Carney’s strategy to reduce Canada’s economic reliance on the US, but plans for a new pipeline are facing stiff resistance over environmental concerns.
Alberta’s conservative Premier Danielle Smith was a relentless critic of Carney’s...

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