Opinion: Trudeau's departure hasn't made pipeline projects risk-free

Markets, policies, geopolitics and technologies all impose risks. Private firms judge these risks better than governments desperate to act

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A recurring theme in FP Comment concerns the risks governments take when they invest public funds in projects traditionally undertaken by private investors. Prime Minister Mark Carney’s efforts to make Canada an “energy superpower” by endorsing and in some cases funding major new energy infrastructure are a case in point.

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Carney’s goals, if taken at face value, stand in stark contrast to Liberal policies under

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