Calgary & Alberta Economy

[Chowda7]

Carney tells business crowd a new pipeline project is ‘going to happen’

Prime Minister Mark Carney came close to telling a Bay Street audience today that he will secure a new pipeline for Alberta, offering his strongest endorsement yet of the idea.

www.ctvnews.ca

 

[darwink]

It affects crude price spreads, but I don't really see why else Alberta should care if the oil goes South or West, and one is clearly much easier to do.

optionality and risk.