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Canadian Natural Resources Ltd
Symbol CNQ
Shares Issued 2,075,635,634
Close 2026-07-02 C$ 56.22
Market Cap C$ 116,692,235,343
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Globe says Imperial Oil hears new pipeline's a big win

2026-07-03 09:17 ET - In the News

See In the News (C-IMO) Imperial Oil Ltd

The Globe and Mail reports in its Friday edition that Alberta's submission for a new major oil pipeline across British Columbia represents a national win. The Globe's guest columnist Kevin Krausert writes that this signals a shared vision for building prosperity by leveraging our abundant resources and expanding offshore export opportunities, paving the way for an inclusive, technological future for Canada. The energy sector still has a long way to go to achieve energy superpower status, restore economic sovereignty, and address long-standing productivity and innovation issues. We can debate the pipeline's details, but let's first acknowledge its significance. A win is a win, and this pipeline should be celebrated across Canada. The first half of this decade saw a 2-per-cent decline in per-person living standards, the worst since the Great Depression. By early 2026, venture capital deployment hit a decade low, signalling challenges for future innovation, all amid a decade of polarization in Canada's oil and gas sector. Thursday's win is impressive, especially compared with two years ago. Leadership from government and industry deserves recognition for collaborating to improve our competitiveness in a new world order.

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