AGP Executive Report
Last update: 12 hours agoCanada–Philippines Energy Deal: Prime Minister Mark Carney and President Ferdinand Marcos Jr. witnessed four agreements in Vancouver, including an energy and natural resources declaration, plus MOUs on tourism and culture (2026–2031) and a labor and migration declaration—aimed at deepening cooperation and supply chains for critical minerals. West Coast Pipeline Push: Alberta formally submitted a new southern-route oil pipeline to the federal Major Projects Office, partnering with federally owned Trans Mountain and Pembina; the plan targets a Roberts Bank terminal near Delta, B.C., with an estimated $35.2B–$43.7B price tag and delivery of 1.0M+ barrels per day to serve Asian markets. BC Protected Areas: B.C. advanced Indigenous-led protected areas, including a 300,000-hectare conservancy for the Klappan Sacred Headwaters and proposals to protect Kaska territory and the Meziadin River sockeye nursery—balancing conservation with resource extraction. USMCA Uncertainty: The U.S. declined to renew the US-Mexico-Canada Agreement in its current form, triggering annual review steps and raising stakes for North American trade.
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