CALGARY — The CEO of Enbridge Inc. is calling for the creation of a federal Indigenous loan guarantee program.
But he said these programs aren't enough in the case of large-scale infrastructure projects that span provincial boundaries. The start-up of the Trans Mountain pipeline expansion will boost Canadian oil production to an all-time high of 375,000 barrels per day over the next two years, according to a new report from Deloitte. That’s more than the total amount of oil production added by the Canadian oil industry over the last five years. -- Russia allowed a return to seaborne exports of diesel just weeks after imposing a ban that roiled global markets, taking other steps instead to keep sufficient fuel supplies at home.
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