Venezuela Impact: Carney Says Canadian Oil to Remain Competitive, Poilievre Pushes for Pipeline

Venezuela Impact: Carney Says Canadian Oil to Remain Competitive, Poilievre Pushes for Pipeline
An oil platform built by Venezuela's state-owned oil company PDVSA, in Orinoco, Venezuela, in a file photo. RAMON SAHMKOW/AFP via Getty Images
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Prime Minister Mark Carney says Canadian oil will remain competitive on the U.S. and world markets in the wake of the ouster of Venezuelan leader Nicolás Maduro.

Carney told reporters the federal government is taking “measures” to ensure the continued growth of Canada’s oil exports such as signing the recent memorandum of understanding (MOU) with Alberta, which proposes building one or more pipelines from Alberta to the B.C. coast.