11:31:37 EDT Sat 20 Apr 2024
Enter Symbol
or Name
USA
CA



TC Energy Corp
Symbol TRP
Shares Issued 939,915,574
Close 2020-07-27 C$ 59.94
Market Cap C$ 56,338,539,506
Recent Sedar Documents

Globe says feds pushing for TC Energy's Keystone XL

2020-07-27 07:36 ET - In the News

The Globe and Mail reports in its Saturday edition that Canada's Natural Resources Minister is standing with Alberta and vowing to get the cross-border Keystone XL pipeline built, despite the prospect of a new U.S. president who has promised to kill the project. The Globe's Emma Graney writes that the pipeline has faced a swath of regulatory reviews, scientific studies, redesigns and legal cases since it was first proposed. Construction on the Alberta leg of the pipeline began earlier this month, but presumptive Democratic presidential candidate Joe Biden has said he would cancel the project's permit. It is also facing multiple court challenges south of the border. That makes it tough for the federal government to weigh in, Natural Resources Minister Seamus O'Regan told The Globe. Still, he said, Ottawa is "intent on getting it done." Keystone XL would ship 830,000 barrels of crude a day to Steele City, Neb., from Hardisty, Alta., giving Alberta oil companies a long-sought new route to refineries on the U.S. Gulf Coast. Alberta Premier Jason Kenney criticized the federal government earlier this month over what he saw as inaction on the Keystone file, saying Ottawa needed to step up its U.S. lobbying efforts.

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