Carney Says New Oil Pipeline Proposal Likely in Canada

Mark Carney

Photographer: Spencer Colby/The Canadian Press/Bloomberg

Prime Minister Mark Carney said a new oil pipeline to Canada’s West Coast is “highly likely” to be proposed as a nation-building project, which could mean it becomes part of Ottawa’s push to fast-track major developments under new legislation.

Carney, who was attending the annual Calgary Stampede, told the local newspaper that it’s up to the private sector to make the proposal as opposed to a “top-down” approach from government.