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Canada fast-tracking oil pipeline designed to diversify economy away from US

South China Morning Post1 October 2026, 18:38 UTCCanada

Canada will fast track the approval process for a new proposed crude oil export pipeline to its west coast that could generate over C$20 billion (US$14 billion) a year in GDP, Prime Minister ‌Mark Carney said on Thursday. The pipeline, which was announced in July, is a crucial part of Carney’s bid to diversify the economy away from the United States and help lessen the effect of US President Donald Trump’s tariffs. Carney said Ottawa would officially list the Pacific Link pipeline as a project...

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