Carney’s Bill to Fast-Track Major Projects Set to Become Law
Oil storage containers and pipelines at a terminal in Hardisty, Alberta.
Photographer: Jason Franson/BloombergPrime Minister Mark Carney’s bill to speed up the construction of major projects such as pipelines, mines and electricity systems has passed Canada’s Senate and will soon become law.
The legislation allows projects the government deems to be in the “national interest” to receive quicker reviews for environmental and other impacts. The bill itself was fast-tracked through Parliament, as Carney argued it was needed urgently to grow Canada’s economy amid a trade war with the US.