“Canada’s Keystone XL Pipeline Revival: Potential Tariff Relief”

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Canada may find relief from U.S. tariffs on steel and aluminum through a long-standing pipeline project that has gained renewed attention. Prime Minister Mark Carney discussed the Keystone XL oil pipeline, linking northern Alberta to the U.S. Midwest, with President Donald Trump during their recent meeting at the White House. Sources reveal that Carney highlighted Canada’s increased interest in the pipeline, and Trump showed openness to advancing the project.

The Canadian government’s revived support for a pipeline endorsed by Trump could potentially lead to progress on steel and aluminum tariffs, particularly given Trump’s historical backing for the Keystone XL project.

CBC News is protecting the source’s identity as they were not authorized to speak publicly.

Identification of ‘Priority Files’

In a post-meeting press conference, Canada-U.S. Trade Minister Dominic LeBlanc disclosed that both leaders had instructed their teams to expedite action on “priority files,” with a specific focus on reaching agreements related to steel, aluminum, and energy. However, no detailed information was provided regarding the energy aspect of the discussions.

Trump’s expressed desire to see progress on the Keystone XL project, which faced setbacks under the Obama and Biden administrations, has led to recent developments. Trump’s reversal of Biden’s permit revocation has paved the way for potential advancements in the pipeline proposal.

WATCH | At Issue: Carney meets Trump in Washington – again:

At Issue | Carney meets Trump in Washington – again

October 7 |

Duration 7:49

At Issue special edition: Prime Minister Mark Carney meets with U.S. President Donald Trump to try and reach a deal on tariffs.

The collaborative efforts of the Canadian government and the U.S. administration may reignite interest from the private sector in the Keystone XL project proposed over a decade ago. Progress was reported in discussions regarding steel and aluminum, industries currently facing a 50% duty rate, the highest among tariffed sectors.

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