TransCanada to sue US under NAFTA over Keystone XL decision
Calgary-based pipeline company TransCanada has filed a Notice of Intent to Arbitrate (“Notice”) under article 11 of the North American Free Trade Agreement (“NAFTA”). It issued the Notice in response to US president Barack Obama’s November 6, 2015 refusal to gra…
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If approved, the Keystone XL pipeline would carry oil extracted from Northern Alberta’s oil sands to refineries and markets in the United States. Vocal opponents of the project hope to convince President Obama not to approve the project, but their chances seem poor. The Canadian portion of t…
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