NP View: Mark Carney can't help but slow walk new pipeline
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NP View: Mark Carney can't help but slow walk new pipeline
The Pacific Link project will be publicly owned and still faces several layers of bureaucracy
This week’s announcement by Prime Minister Mark Carney and Alberta Premier Danielle Smith that a new pipeline to the West Coast, now called Pacific Link, has been designated as a national interest project is good news for Canadians and the energy industry that powers their economy.
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But any celebration must be tempered by the fact that despite clear and growing demand for Alberta oil, Canada has become such an unattractive place to invest that a pipeline can only be built with the full backing of the federal government.
NP View: Mark Carney can't help but slow walk new pipeline Back to video
True to form, Carney stood in front of a crowd of oil workers in Fort McMurray, Alta., on Thursday and said many of the right things. “Oil demand will continue to be significant for decades to come,” he admitted. “The question is: who will emerge as the world’s trusted suppliers?”
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