Prime Minister Mark Carney said a new oil pipeline to British Columbia’s coast is very likely to be designated a nationally significant projectciting the scale of the economic opportunity and Canada’s resource strengthsCarney was speaking from the Calgary Stampede in an interview with the Calgary Heraldemphasised that such initiatives should come from the private sector, not through direct government directivesalso voiced support for a proposed C$16.5 billion carbon capture project in Alberta’s oil sands This article was written by Eamonn Sheridan at www.forexlive.com.