Morning Update: Canada’s mammoth bet on high-speed rail

OTTAWA — Alberta’s proposal for building a new million-barrel-a-day pipeline to the West Coast will be unveiled on Thursday, a spokesman for the premier confirmed. Alberta Premier Danielle Smith and Prime Minister Mark Carney agreed in May that the province’s United Conservative Party government would submit its application for a new pipeline to the federal Major Projects Office “ by July 1.” “We will have a major announcement on July 2 to share new details about the Government of Alberta’s submission to the Major Projects Office for a new one-million-barrel-per-day oil pipeline to...