The Keystone XL pipeline was to carry 830,000 barrels of heavy crude oil a day from Alberta to Nebraska, employing 2,800 Canadian workers during construction. It was slated to be the first pipeline fully powered by renewable energy sources.
But on his first day of office, US President Joe Biden revoked TC Energy Corporation’s permit to build Keystone XL.
“This is actually a very serious issue and it needs to be dealt with,” University of Calgary professor of economics Jack Mintz said at a panel discussion event held by the Macdonald-Laurier Institute on Tuesday.
“I don’t think Canada can stand by this at all.”
