There was a striking story which was buried in the news cycle in Canada by reports of the new Carney-Smith Memorandum of Understanding. While Canadians were being told to celebrate an agreement that might — might — allow a pipeline to begin construction in the fall of 2027, the United Arab Emirates announced plans for a new pipeline that will be fully operational around the same time.
Let that land for a moment. A desert nation with roughly a quarter of our GDP is completing pipeline infrastructure on a timeline that Canada can only hope to begin breaking ground on.
