Carney expects new private oil pipeline for British Columbia

Prime Minister Mark Carney stated a new oil pipeline proposal to British Columbia is highly probable, following a bill to expedite national interest projects. Carney indicated the private sector would initiate the pipeline proposal, not the government. The Senate recently passed a bill to fast-track approvals for infrastructure and natural resource projects. The Prime Minister also supported a carbon capture system for Alberta's oil sands. Canada, a major oil exporter, seeks to diversify its economy away from reliance on the United States.