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Stock impact report

Carney, Smith sign pipeline deal [Investment Executive - News]

Canadian Natural Resources Limited (CNQ) 
Last canadian natural resources limited earnings: 3/5 05:00 am Check Earnings Report
US:NYSE Investor Relations: cnrl.com/investor-information
Prime Minister Mark Carney and Alberta Premier Danielle Smith have signed an agreement that commits them to working toward building an oil pipeline to the West Coast — and opens the door to changes to the coastal tanker ban. At a signing ceremony in Calgary on Thursday, the two agreed that Ottawa would enable the export of oil through a deepsea port to Asian markets and “if necessary” adjust the tanker ban to make that happen. The memorandum of understanding says Ottawa’s commitment is contingent on the pipeline being approved as a project of national interest, and on the project providing “opportunities for Indigenous co-ownership and shared economic benefits.” “This is a really great day for Albertans,” Smith said ahead of the signing event. “We have been working for some time on addressing the nine bad laws, as I like to call them, that have been impacting our investment climate here. I’m pleased that we’ve reached an agreement to substantially removing and revising those laws. Show less Read more
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