The new oil pipe: Canada wants to break free from the US grip and send more crude to Asia

Economic Times - Oct 2, 2026

Canada Prime Minister Mark Carney has fast-tracked the proposed 1-million-barrel-a-day Pacific Link oil pipeline, aiming to reduce Alberta’s dependence on US markets and open access to growing Asian buyers. The $25 billion-$31 billion project could reshape Canadian crude flows, strengthen Pacific exports and support Carney’s push to make Canada an energy superpower while easing tensions with Alberta.

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