Superior morning. It’s James Keller in Calgary.
The destiny of the Keystone XL pipeline was sealed as soon as Joe Biden won the presidential election in the United States.
Mr. Biden experienced built it distinct previously in the year that he would cancel the US$8-billion proposed pipeline growth among Alberta and Nebraska if elected. And while proponents in Canada, which include Alberta’s Leading, held out hope that it wouldn’t happen, Mr. Biden had specified no sign that he had changed his head or was open to one more selection. Mr. Biden was vice-president when then-president Barack Obama vetoed the project in 2015.
In Alberta, the election final result posed considerable issues to the province’s finances and oil patch. The business was counting on the job to grow constrained pipeline capacity and bolster shipments to the U.S. marketplaces. The provincial government also took on its personal risk