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 ($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 Donald Trump’s tariffs.

Carney said ​Ottawa would officially list the Pacific Link pipeline as a project of national interest, ⁠which enables it proceed through a single federal regulatory review process. He said Ottawa aimed to complete the ​process by September 1, 2027.

    • innermachine@lemmy.world
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      19 hours ago

      Oil pipelines are afaik the cheapest and most efficient way to move oil. Do u suggest that instead of building a pipeline, it get trucked or trained across the country at a greater environmental burden due to the increased oil usage required to transport it? Not saying I like pipelines, just playing devils advocate here for if “the oil has to be moved anyways”, what is the best way to do it?