Keystone XL project shut down
by U.S. government
Stating that the Keystone XL Pipeline
would not serve the national interests
of the United States, President Barack
Obama rejected the TransCanada Corp.
application on Nov. 6, effectively shutting
down the controversial project.
The application for the pipeline extension
was initially filed by TransCanada in 2008.
One day after the cancellation announce-
ment, the U.S. government confirmed that
a new application could be submitted. The
Keystone XL pipeline, the fourth phase of
the Keystone Pipeline System extending
through Canada and the U.S., would have
stretched for more than 500 kilometres,
12 business elite canada
H
NOVEMBER 2015
