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Marketplace Morning Report

A pipeline to transport Albertan oil to Canada's Pacific Coast

Marketplace Morning Report

American Public Media

News, Business

4.5808 Ratings

🗓️ 28 November 2025

⏱️ 7 minutes

🧾️ Download transcript

Summary

From the BBC World Service: Canada's Prime Minister Mark Carney has struck a deal for a 700-mile pipeline carrying 1 million barrels of oil a day to Canada's West Coast in an attempt to pivot away from reliance on the U.S. economy. The project is likely to face multiple legal challenges, however. Plus, Kenyan farmers have won a case over food sovereignty and a Russian "shadow fleet" is suspected of covertly generating billions for Moscow.

Transcript

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0:00.0

A pipeline to transport Albertan oil to Canada's Pacific coast.

0:06.4

Live from the UK, this is the Marketplace Morning Report from the BBC World Service.

0:10.5

I'm William Lee Adams. Good morning.

0:13.1

Canada's Prime Minister, Mark Carney, has struck a deal for a 700-mile pipeline

0:17.3

carrying a million barrels of oil a day to Canada's west coast

0:20.7

in an attempt to pivot

0:21.9

away from reliance on the U.S. economy. Mr. Carney announced a memorandum of understanding

0:26.7

with the province of Alberta's premier Danielle Smith for a 700-mile pipeline to transport

0:32.3

Albertan oil to the West Coast. The heart of what is a multifaceted agreement, agreement, we have more work to do going

0:40.3

forward, but a multifaceted agreement. In effect, it creates an energy transition, all aspects

0:47.7

of energy, but really sets the stage for an industrial transformation.

0:51.6

Mark Carney speaking. Despite the backing of the Canadian Prime Minister

0:55.2

and the Premier of Alberta, the project is likely to face a number of legal challenges

0:59.7

from environmentalists, the government of British Columbia, and First Nation groups who oppose the

1:04.7

pipeline. Okay, let's do the numbers. Retail sales in Spain rose 3.8% in October from a year earlier. Inflation

1:13.3

also slowed to 3.1% partly due to a decrease in electricity prices. Meanwhile, Sweden's

1:18.9

gross domestic product rose by 1.1% in the third quarter, its fastest pace in over two years.

1:25.6

It's been described as a David versus Goliath story.

1:28.9

Fourteen Kenyan farmers have won a legal battle to overturn a law which punished them

1:33.2

for using their own indigenous seeds.

1:35.7

The law made it illegal for farmers to follow the traditional practice of saving seeds from

1:39.9

their crop to use again.

...

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