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Margareta Dovgal: The economic fantasies of Carney and Trump

A new pipeline would be an economic win for both countries

Economic illiteracy, on both sides of the Canada-U.S. negotiating table, is the biggest threat to continental security.

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Let’s start with the Canadian side. His doctorate in economics notwithstanding, nothing so plainly illustrates Prime Minister Mark Carney’s economic deficiencies as Ottawa’s apparent treatment of the successor to the long-abandoned Keystone XL pipeline in recent trade negotiations.

Margareta Dovgal: The economic fantasies of Carney and Trump Back to video

Sources familiar with the file told the New York Times that Carney offered to allow the pipeline project to resume. While offering a pipeline is not a particularly odd move, it’s strange that Ottawa appears to have treated it as a concession to Washington.

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Gaining additional access to our largest and richest customer is not primarily an American benefit. But under Carney, building a pipeline that allows our most valuable trade commodity to get to........

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