Canada Declares West Coast Oil Pipeline a Project of National Interest

Canada's proposed West Coast oil pipeline, now called Pacific Link, has cleared a significant hurdle after Prime Minister Mark Carney declared it a project of national interest.

This move puts the $35 billion to $44 billion project into an accelerated federal review process and marks a major milestone in Alberta's effort to secure additional pipeline capacity to the Pacific Coast.

Carney said that the pipeline is 'critical' to Canada's mission to become a global energy superpower, transforming its economy, diversifying trade, and reducing reliance on a single trade partner.