Canada Pushes for USMCA Resolution Amidst New Pipeline Ambitions
Key TakeawaysAlberta Premier Danielle Smith has committed $14 million to kick-start a new oil pipeline project to the British Columbia coast, with a formal application expected by spring 2026 and potential operation by the early 2030s.The proposed pipeline aims to transport up to one million barrels of crude oil daily to Asian markets, backed by an advisory group including Enbridge Inc. (ENB), Trans Mountain Corp., and South Bow Corp., but faces strong opposition and requires federal regulatory changes.The ...