There is political support for these projects, bolstered by a national election in Canada that reelected a Conservative Party government.

FORBES: If U.S. Says No To Canadian Oil Sands Pipeline, China Will Say Yes

In its first budget since winning an election in January, Canada's Conservative minority government unveiled 29 tax breaks together with measures to reduce the public debt.

ECONOMIST: Politics this week | The

Across Canada, the election has turned into a contest between fear and anger.

ECONOMIST: Canada's election