By Shaun Penner

Keystone XL

Kenney optimistic for Keystone XL should Biden win U.S. presidency

Oct 15, 2020 | 1:33 PM

AIRDRIE, Alta. – Alberta Premier Jason Kenney says he is still hopeful about the future of the Keystone XL pipeline, even if the Democrats win the White House next month.

Democratic candidate Joe Biden has promised to kill the project if elected president, but Kenney says his government has been speaking with officials on both sides of the aisle in the U.S.

TC Energy has approved construction of the US$8-billion project to transport up to 830,000 barrels a day of oil from Alberta to Nebraska.

The Alberta government has agreed to invest about US$1.1 billion as equity in the project and guarantee a US$4.2-billion loan.

Kenney says that a number of U.S. trade unions and Indigenous groups on both sides of the border will speak in favour of the project if there’s a change in the U.S. administration.

Meaningful Mementos

Remembering Someone You've Lost at Christmas

Dec 03, 2024

Seasonal Sorrow

How Do You Get Through The Holidays When You're Grieving?

Nov 01, 2024

Upcoming Events at Oliver's

Grief & Loss and Estate Planning Seminars

Oct 02, 2024

He says cancelling Keystone would send a negative message to the United States’s most important trade partner.

This report by The Canadian Press was first published October 15, 2020.

(The Canadian Press)