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CP17161735 | TC Energy enlists Alberta to help finish US$8-billion Keystone XL project
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Placeline/People
City
Vaughan
Country
Canada
TC Energy enlists Alberta to help finish US$8-billion Keystone XL project
Alberta Premier Jason Kenney says Alberta will invest $1.5 billion and give loan guarantees to help Calgary-based TC Energy Corp. build its US$8-billion Keystone XL Pipeline project. On Tuesday, he said the export pipeline will position the province to profit after the current economic malaise caused by the COVID-19 pandemic and price war between Russia and Saudi Arabia, and will generate a net return of more than $30 billion through royalties and higher prices for Alberta oil in the next 20 years.
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Information
Source name:
The Canadian Press
Unique identifier:
CP17165038
Legacy Identifier:
b_Kenney-Pipeline20200331T1814
Type:
Video
Duration:
2m8s
Dimensions:
1920px × 1080px 137.42 MB
Create Date:
3/31/2020 6:14:00 PM
Display aspect ratio:
16:9
Tags
Coronavirus
COVID-19
economy
investment
Kenney
keystone
Keystone XL
pipeline