Canada is fast-tracking a new West Coast oil pipeline from Alberta to British Columbia as a public-private partnership, aiming to boost crude exports to Asia via a southern route that avoids major Indigenous and regulatory obstacles.

The premiers of Alberta and Ontario have proposed a pipeline to carry western Canadian oil to the country's east as Canada seeks new markets.

Alberta and Ontario proposed a $35B pipeline to diversify oil exports from the US. Crude oil reaching a new all-time high by December 31 at 7.5% YES.