Smith, Carney open to alternate oil pipeline routes, not set on northwest coast option [BNN Bloomberg (Canada)]
Enbridge Inc (ENB)
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Source: BNN Bloomberg
“Some of the alternatives are already emerging,” Smith told reporters in Ottawa on Thursday, when asked whether the northwest coast route is the only one being considered. She said several options to boost oil exports are currently being considered, including an expansion of Enbridge's main line and exploring ways to better utilize old Keystone assets, among other ideas. “North, south, east, west, we're willing to go in every direction,” Smith said. Smith has been at odds with B.C. Premier David Eby over the issue for months. In June, Eby said he wouldn't support a new pipeline — arguing the Trans Mountain Expansion Project is already in place — to which Smith responded that she would “convince” him. Then, in November, Carney and Smith signed a historic memorandum of understanding (MOU) outlining the conditions that need to be met for a new oil pipeline to the Pacific to proceed. In the MOU, Alberta agreed to negotiate an industrial carbon pricing agreement by April 2026, w
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