Toronto — Canadian Prime Minister Mark Carney and the premier of Canada’s oil rich province of Alberta agreed Thursday to work toward building a pipeline to the Pacific Coast to diversify the country’s oil exports beyond the United States.
The memorandum of understanding includes an adjustment of an oil tanker ban off parts of the British Columbia coast if a pipeline comes to fruition.
Carney has set a goal for Canada to double its non-U.S. exports in the next decade, saying American tariffs are causing a chill in investment.
Alberta Premier Danielle Smith said the agreement will lead to more than 1 million barrels per day for mainly Asian markets so “our province and our country are no longer dependent on just one customer to buy our most valuable resource.”
Carney called the framewo

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