{"id":47273,"date":"2026-05-15T21:53:07","date_gmt":"2026-05-15T21:53:07","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/47273\/"},"modified":"2026-05-15T21:53:07","modified_gmt":"2026-05-15T21:53:07","slug":"canada-takes-key-step-towards-new-oil-pipeline-to-serve-asia-markets","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/47273\/","title":{"rendered":"Canada takes key step towards new oil pipeline to serve Asia markets"},"content":{"rendered":"

Prime Minister Mark Carney and the leader of Canada\u2019s oil-rich Alberta province took a major step on Friday towards building an oil pipeline that could substantially increase crude exports to Asia.<\/p>\n

Expanding overseas energy exports has emerged as a key part of Carney\u2019s strategy to reduce Canada\u2019s economic reliance on the US, but plans for a new pipeline are facing stiff resistance over environmental concerns.<\/p>\n

Alberta\u2019s conservative Premier Danielle Smith was a relentless critic of Carney\u2019s climate-focused predecessor, Justin Trudeau, accusing him of suffocating the province\u2019s oil industry, but she has sought to work with Carney.<\/p>\n

Carney and Smith cleared a key hurdle towards a new pipeline on Friday by signing a deal on industrial carbon pricing, a system that extracts a fee from large-scale CO2 emitters.<\/p>\n

Oil companies have been critical of the system, but Smith said Friday that the prohibitive rates set under Trudeau\u2019s government had been \u201crolled back\u201d.<\/p>\n

\"Canada\u2019sCanada\u2019s Prime Minister Mark Carney shakes hands with Alberta Premier Danielle Smith in Calgary, Alberta, on Friday. Photo: Reuters<\/p>\n

Ottawa and the provincial government agreed that the rate would gradually rise to a fee of C$130 (US$96) per tonne of CO2 emitted by 2040. Trudeau had called for a rate of C$170 by 2030.<\/p>\n","protected":false},"excerpt":{"rendered":"Prime Minister Mark Carney and the leader of Canada\u2019s oil-rich Alberta province took a major step on Friday…\n","protected":false},"author":2,"featured_media":47274,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[98],"tags":[164,13447,366,2044,17,735,162,8219,20815,127,111,2516,61,20814,445,734],"class_list":["post-47273","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mark-carney","tag-alberta","tag-alberta-separatists","tag-asia","tag-avi-lewis","tag-canada","tag-carney","tag-donald-trump","tag-first-nations","tag-indigenous-groups","tag-justin-trudeau","tag-mark-carney","tag-new-democratic-party","tag-ottawa","tag-pacific-coast","tag-prime-minister-mark-carney","tag-us"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/47273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=47273"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/47273\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/47274"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=47273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=47273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=47273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}