Canada Fast Tracks New Oil Pipeline
Prime Minister Mark Carney announced that Canada will fast track the Pacific Link oil pipeline project. The initiative aims to diversify the economy away from the United States and boost exports.
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Canada will fast-track a crude oil export pipeline to its west coast, generating over C$20 billion annually in GDP. Prime Minister Mark Carney announced the initiative on Thursday afternoon to diversify the economy away from the United States. The project aims to reduce economic exposure to U.S. tariffs by expanding global energy exports.
