EDMONTON – Alberta Premier Jason Kenney is making another demand of Justin Trudeau over the Keystone XL pipeline ahead of the prime minister’s call today with new U.S. President Joe Biden. In a letter to Trudeau, Kenney reiterates that the prime minister must press for a meeting with Biden so that Canada can make its case for the pipeline, which Biden cancelled this week on his first day in office. Kenney also repeats that if that fails, Trudeau must take retaliatory measures such as trade sanctions. But he also asks that Trudeau press Biden for direct compensation. Kenney says Alberta and pipeline builder TC Energy Corp. invested in the project believing it was going ahead under stable review and governance. The premier committed $1.5 billon to the project last year, with another $6 billion in loan guarantees. Biden made it clear last spring that he would cancel the Keystone line if he became president. He said that shipping more product from Alberta’s oilsands did not mesh with his broader objective of battling climate change. The Keystone line would have taken more Alberta oil to refineries and ports in the United States to relieve a North American bottleneck that has […]
CamTrader offers a preview only. View original article. boereport.com