The Pipe Dream: Why Canada's New Pipeline Deal May Be a Costly Misstep The recent agreement between Alberta and the federal government to build a new oil pipeline to the West Coast has raised more than a few eyebrows.
On its surface, it seems like a straightforward attempt to increase Canadian oil exports to new markets in Asia.
However, scratch beneath the surface, and a very different story emerges – one of desperation, outdated thinking, and a growing mismatch between Canada's energy policies and global market realities.