It’s been years since the prospect of a pipeline to carry oil from the West to the East of Canada has been front and centre.
But new comments by the federal energy minister amid U.S. tariff threats have many asking: could it finally happen?
Trump has threatened a 10 per cent tariff on energy resources from Canada along with a 25 per cent tariff on all goods. His threat has leaders across industries and provinces, including energy and even Quebec — long opposed to a new oil pipeline — asking how to mitigate the threat.
“Being so dependent on the United States for the export of oil is a vulnerability,” Natural Resources and Energy Minister Jonathan Wilkinson told reporters on Thursday.
The comments came a day before Prime Minister Justin Trudeau held an economic summit to discuss ways to diversify trade among provinces and remove internal barriers to support each other.
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At that summit, he was heard on …