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Canada will fast-track a proposed 1 million-barrel-per-day oil pipeline from Alberta to the Pacific coast by designating it a project of national interest and routing it through a single federal review process intended to conclude by Sept. 1, 2027. The route would largely follow the existing Trans Mountain corridor and be led by Trans Mountain Corp. and Pembina Pipeline, with the federal and Alberta governments expected to hold majority ownership and Indigenous groups offered at least 10%.
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