The Globe and Mail reports in its Tuesday, May 13, edition that Trans Mountain Corp. chief executive officer Mark Maki is optimistic about building a new pipeline to transport landlocked crude to a Canadian coast -- East or West -- within the next decade. The Globe's Emma Graney writes that Mr. Maki believes that, despite global trade uncertainties, Canada can become a major oil and gas exporter by developing new infrastructure to access overseas markets. The conversation around new pipelines in Canada has changed thanks to President Donald Trump's unprovoked trade war. An April poll showed nearly 75 per cent of Canadians now support an East-West pipeline for oil and LNG. Despite the focus on new pipelines, Mr. Maki emphasizes the need to optimize the existing capacity of Trans Mountain first.
Mr. Maki says the prospect of a new pipeline system needs to be part of the discussion around energy. He is hopeful that will be the case, given the recent change in tone from Ottawa under Prime Minister Mark Carney. Mr. Maki says, "We have to find a way to get infrastructure done here more effectively." He says the narrative around pipelines has become more constructive since the U.S. tariff discussions.
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