Alberta gears up for another legal battle over Keystone XL after Biden vows to pull permissions – by Geoffrey Morgan (Financial Post – May 20, 2020)

https://business.financialpost.com/

CALGARY — Alberta Premier Jason Kenney said he is prepared to go to court anf file a free-trade lawsuit alongside TC Energy Corp. if Joe Biden becomes president and follows through with his promise to pull permits on the Keystone XL pipeline.

Construction work on the US$14.4-billion Keystone XL pipeline began in April but fresh opposition from the U.S. Democratic presidential nominee could scuttle the long-delayed pipeline once again.

Biden’s election campaign signalled over the weekend that, if the former U.S. vice-president takes the White House this November, he would withdraw presidential permits for the Alberta to U.S. Gulf Coast pipeline Keystone XL.

Kenney said at a news conference Tuesday the province “would use every legal means at our disposal to protect our fiscal and economic interests.”

A spokesman for TC Energy, the Calgary-based pipeline proponent, said in an emailed statement that no other pipeline project “in the history of the industry has been studied more than Keystone XL.

For the rest of this article: https://business.financialpost.com/commodities/alberta-gears-up-for-another-legal-battle-over-keystone-xl-after-biden-vows-to-pull-permissions

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