TC Energy says it’s suspending work on the Keystone XL pipeline in anticipation of incoming U.S. president Joe Biden revoking its presidential permit Wednesday.
Biden is expected to revoke the permit for Calgary-based TC Energy’s pipeline in a flurry of executive orders after being sworn in as U.S. president on Wednesday.
Plans to revoke the permit for the $8 billion pipeline on Inauguration Day were first revealed by CBC News on Sunday and sent shockwaves through Alberta.
