On Friday, the Canadian government introduced C-48, the Oil Tanker Moratorium Act
It’s no longer living as a temporary moratorium or simply a political threat. On Friday Canada’s federal government introduced legislation that will turn its informal ban on crude oil tanker traffic off the North Coast of British Columbia into law.

This new law, once enacted, would dash hopes of Canadian oil producers for a Canadian-domiciled Pacific export takeaway port to send its crude oil to Asian markets, and likely eliminate the need for the proposed No...

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