Carney Pitches Reluctant British Columbia on New Oil Pipeline to Fuel Asia

1 hour ago 3
David EbyDavid Eby Photo by David Kawai /Photographer: David Kawai/Bloomb

Article content

(Bloomberg) — Prime Minister Mark Carney said people in British Columbia should see “substantial economic and financial benefits” from a proposed new oil pipeline to the province’s coast, which BC Premier David Eby opposes. 

Financial Post

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

SUBSCRIBE TO UNLOCK MORE ARTICLES

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

REGISTER / SIGN IN TO UNLOCK MORE ARTICLES

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account.
  • Share your thoughts and join the conversation in the comments.
  • Enjoy additional articles per month.
  • Get email updates from your favourite authors.

THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account
  • Share your thoughts and join the conversation in the comments
  • Enjoy additional articles per month
  • Get email updates from your favourite authors

Sign In or Create an Account

or

Article content

Last Friday, the neighboring province of Alberta signed a deal with Carney on energy rules, helping pave the way for a pipeline it is proposing to carry 1 million barrels of crude to the west coast for shipment to Asian markets. It faces environmental and Indigenous resistance in BC.

Article content

Article content

Article content

In an address to the Greater Vancouver Board of Trade, Carney said it would only be built under three conditions: benefits for BC, the building of a massive carbon capture project and consultation with Indigenous people.

Article content

By signing up you consent to receive the above newsletter from Postmedia Network Inc.

Article content

Carney planned to meet with Eby later on Wednesday. One item on the agenda is a national harmonized levy on carbon, Carney said. Last week’s deal with Alberta included a carbon price benchmark that is lower than the current federal minimum one, a disparity Eby had criticized. 

Article content

Eby has slammed the Canada-Alberta deal as rewarding “bad behavior,” pointing to the threat of separatism from the oil-rich province that has been given an understanding ear by Alberta’s Premier Danielle Smith.

Article content

“This country cannot work if separatists, separatist premiers, others, get all the attention of the federal government,” Eby told reporters on Tuesday. 

Article content

Asked by the Board of Trade’s CEO Bridgitte Anderson how he will navigate opposition, Carney said the federal government needs to show up and listen to concerns, but also: “If things get stalled here, we’re going to be spending more time elsewhere in the country, because we need to move forward.”

Article content

Advertisement 1

Read Entire Article