Confidence in Carney’s pipeline promise sinks: energy industry survey

The findings point to growing skepticism within the sector, with some respondents voicing frustration over the pace of federal action on major energy infrastructure.

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Canada’s energy sector is losing faith that a new oil pipeline will receive fast-tracked federal approval anytime soon, despite Prime Minister Mark Carney’s assurance.

A new report from ATB Cormark Capital Markets found that fewer industry players now believe a pipeline project will be added to the federal government’s list of nationally significant developments eligible for a streamlined review.