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Stock impact report

Ottawa risks billions in investments for a pipeline to nowhere [Globe and Mail, The (Toronto, Canada)]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
The two signed a new energy accord on Thursday that includes a pledge for a new bitumen pipeline to the West Coast. Jeff McIntosh/The Canadian Press The memorandum between the Carney government and Alberta to change environmental regulations and promote a new oil pipeline through B.C. is cause for concern. Four of the 11 major projects prioritized by the Carney government are in B.C., and all of them depend on First Nations and B.C. government support. Carney, Smith sign sweeping energy deal, pledge new pipeline to West Coast These are Carney's new major projects, and some of them won't be easy to finish The agreement says the parties would consult B.C., that Ottawa would help the province on other projects and that the new pipeline would involve Indigenous co-ownership. But all the same, Ottawa's move of signing a memorandum with Alberta that affects B.C., without involving the British Columbia government and B.C. First Nations threatens the relationships with the very part Show less Read more
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