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Canada fast-tracking oil pipeline designed to diversify economy away from US
Canada fast-tracking oil pipeline designed to diversify economy away from US
Canada will fast track the approval process for a new proposed crude oil export pipeline to its west coast that could generate over C$20 billion (US$14 billion) a year in GDP, Prime Minister Mark Carney said on Thursday. The pipeline, which was announced in July, is a crucial part of Carney’s bid to diversify the economy away from the United States and help lessen the effect of US President…