Trudeau's Exit Sparks Oil Industry Optimism in Canada

Trudeau's Exit Sparks Oil Industry Optimism in Canada

OilPrice.com

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Canada is expected to continue growing as an oil power in the coming years as the Alberta government signs new expansion deals, a new tanker terminal is opened in Vancouver, and Prime Minister Justin Trudeau resigns. The government of the major oil-producing province of Alberta signed a new agreement with Calgary-based pipeline company Enbridge this January aimed at increasing oil exports to the U.S. The deal will establish a working group with the Alberta Petroleum Marketing Commission (APMC), which will be tasked with evaluating future egress,…

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