Canadian Prime Minister Carney Signals Support for New Pipeline

Canada’s new Prime Minister, Mark Carney, suggested he would support a new pipeline project if there is consensus about it, he said in an interview with CTV News.

First off, I’ve said repeatedly: yes. First point,” Carney said in response to a question about new pipelines. “Secondly, because I understand the need for that consensus. I’m a prime minister who can help create that consensus,” Carney also said.

The Prime Minister did not elaborate on what specific kind of pipeline he would seek to create consensus for, he has previously said that “We have to choose a few projects, a few big projects, not necessarily pipelines, but maybe pipelines. We’ll see,” in comments on the Liberals’ campaign for turning Canada into an energy superpower by combining both oil and gas, and alternative energy sources, of which, the campaign claims, Canada has unlimited resources.

Further, Carney told Canadian media in April that “If you want a simple answer on ‘Will I support building a pipeline?’ Yes. That simple answer. I’ve given that multiple times.” The Prime Minister added, however, that a pipeline alone is “not enough to make Canada an energy superpower,” in what looks very much like rather mixed messaging, especially given his full and very vocal support for the energy transition.

Interestingly, despite this support for the transition and emission caps and taxes, Carney said in the CTV News interview that oil and gas were an element of turning Canada into an energy superpower. He did make sure to note that they were not going to be the only element of it.

“Just doing one pipe. It’s good. Don’t get me wrong, it’s good. That’s a positive thing and working collaboratively in order to happen. But it’s not enough,” Carney said. “We need to do multiple things at the same time in order to build this base so that we are creating wealth and competitiveness, better lives for Canadians for generations,” the Prime Minister also said. 

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com

 

  • Related Posts

    Baghdad Hosting EU Energy Talks After Iraq Floats OPEC Exit

    European officials are expected to visit Baghdad in the coming weeks for high-level talks on energy cooperation, just hours after Iraq warned it could leave OPEC unless the producer group…

    Saudi Arabia Set to Slash Oil Prices as Hormuz Reopens

    Saudi Arabia is expected to slash the official selling prices of its crude loading for Asia in August, as Middle East’s crude benchmarks crashed amid the tentative reopening of the…

    Have You Seen?

    Oil Prices Dive as More Tankers Move Through Strait of Hormuz

    • June 27, 2026
    Oil Prices Dive as More Tankers Move Through Strait of Hormuz

    AMERICAN ENERGY SNAPSHOT: America’s Strategic Petroleum Reserve

    • June 27, 2026
    AMERICAN ENERGY SNAPSHOT: America’s Strategic Petroleum Reserve

    Magnolia Oil & Gas Is in Lead to Acquire WildFire for Over $4 Billion

    • June 27, 2026
    Magnolia Oil & Gas Is in Lead to Acquire WildFire for Over $4 Billion

    US Natural Gas Drops on Cooler Outlooks as July Contract Expires

    • June 27, 2026
    US Natural Gas Drops on Cooler Outlooks as July Contract Expires

    US Energy Firms Add Most Rigs in a Week Since June 2022, Baker Hughes Says

    • June 26, 2026
    US Energy Firms Add Most Rigs in a Week Since June 2022, Baker Hughes Says

    Chevron Eyes More Deals to Power US Data Centers

    • June 26, 2026
    Chevron Eyes More Deals to Power US Data Centers

    US Diesel Refining Economics Remain Firm Despite Iran War Truce

    • June 26, 2026
    US Diesel Refining Economics Remain Firm Despite Iran War Truce

    US Refining Capacity Fell by 263,000 Barrels Per Day in 2025, Says EIA

    • June 26, 2026
    US Refining Capacity Fell by 263,000 Barrels Per Day in 2025, Says EIA

    Qatar Offers First Crude Loadings to Buyers Since War Began

    • June 26, 2026
    Qatar Offers First Crude Loadings to Buyers Since War Began

    China’s Crude Imports Set to Hit Weakest Level Since 2016

    • June 26, 2026
    China’s Crude Imports Set to Hit Weakest Level Since 2016