Bloomberg: Oil Cutoff Threatened as Canadian Provinces Battle Over Pipeline

  • April 16, 2018

[EXCERPT]

A halt to energy shipments would have ripple effects across both provinces. Drivers could face gasoline shortages and soaring prices in B.C., while Canada’s second-busiest airport in Vancouver would face higher jet fuel costs. Alberta’s energy producers would also suffer, losing a key market for their crude and refined products.

“The economies of B.C. and Alberta are arguably the most interdependent of any two provinces in Canada," said Ken Peacock, the chief economist at the Business Council of British Columbia, in a report last year.