Does U.S. action in Venezuela add pressure for an oil pipeline to B.C.'s coast?
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Does U.S. action in Venezuela add pressure for an oil pipeline to B.C.'s coast?
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With U.S. President Donald Trump saying he intends to take control of Venezuela's oil industry, Canada's top leaders are assessing the implications for local economies, with attention towards the proposed bitumen pipeline from Alberta to B.C.'s coast. B.C. Premier David Eby is maintaining his opposition to the project, though, stressing there is no private sector proponent. We ask viewers if they think there is added pressure for Canada to build the proposed pipeline as UBC business professor Werner Antweiler breaks down what the U.S. play for the Venezuelan oil industry would mean for the Canadian economy. The CBC's Paula Duhatschek breaks down its potential impacts to Canada's oil industry. B.C. Assembly of First Nations Regional Chief Terry Teegee joins the show to discuss how the Venezuelan oil prospects factor into pipeline discussions among local First Nations.