Canada Moves Toward First New West Coast Pipeline in a Generation

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Canada is preparing to unveil a memorandum of understanding that could clear the way for a new West Coast pipeline, potentially rewire the outlook for Canadian crude exports, in exchange for Alberta's commitment to tougher carbon pricing.

Market Impact

Market impact analysis based on bullish sentiment with 73% confidence.

Sentiment
Bullish
AI Confidence
73%

Article Context

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Canada may be about to do something it hasn’t managed in nearly two decades: clear political space for a brand-new oil pipeline to the Pacific. Ottawa and Alberta are preparing to unveil a memorandum of understanding that would carve out exemptions to federal regulations that have long scared off investors — a move that, if it sticks, could rewire the outlook for Canadian crude exports. The deal, as reported by Bloomberg, hinges on a trade: Alberta gets a pathway to coastal access, and Ottawa gets tougher carbon-pricing commitments…

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Original article published by OilPrice.com on November 25, 2025.
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