TC Energy's US$15B Keystone XL claim thrown out by trade tribunal

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TC Energy Corp.'s ill-fated Keystone XL pipeline has suffered a major blow after a trade tribunal decision that tossed out its claim to US$15 billion in damages.

A free trade arbitration tribunal has tossed out TC Energy Corp.'s claim that it is owed US$15 billion in damages as a result of President Joe Biden's cancellation of the Keystone XL pipeline permit. Pipes intended for construction of the Keystone XL pipeline are shown in Gascoyne, N.D. on Wednesday April 22, 2015. TC Energy Corp.'s ill-fated Keystone XL pipeline has suffered a major blow after a trade tribunal decision that tossed out its claim to US$15 billion in damages.

But the project became a lightning rod for controversy and environmental and Indigenous activism, in addition to being subject to government flip-flops. The tribunal said the legacy provisions tied to the old NAFTA only permit claims based on breaches that allegedly occurred while NAFTA was in force.

"This is an important precedent, because governments need to be able to take action to protect people and corporations shouldn't be able to sue them for it," said Keith Stewart, senior energy strategist at Greenpeace Canada. One year after a city councillor from Merritt, B.C., was killed in a hit-and-run, her daughter has put out an emotional plea for information that could help authorities identify the driver involved.Mounties on Vancouver Island are investigating a brush fire that scorched a large swath of a popular seaside park in Nanaimo, saying upwards of 150 young people were partying in the park when the blaze began.Mounties investigating B.C.

It was a busy weekend for Saskatchewan RCMP officers as they responded to 147 calls for service during Country Thunder.Saskatchewan’s justice minister is celebrating a minor victory in her dispute with the federal tax agency over the carbon levy on home heating.There have been widespread reports of flooding in the Greater Toronto Area, with Environment Canada now saying that up to 125 millimetres of rain could eventually fall.

 

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TC Energy's US$15B Keystone XL claim thrown out by trade tribunalA free trade arbitration tribunal has tossed out TC Energy Corp.’s claim that it is owed US$15 billion in damages as a result of U.S. President Joe Biden’s cancellation of the Keystone XL pipeline permit.
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TC Energy's US$15B Keystone XL claim thrown out by trade tribunalCALGARY — A free trade arbitration tribunal has tossed out TC Energy Corp.'s claim that it is owed US$15 billion in damages as a result of U.S. President Joe Biden's cancellation of the Keystone XL pipeline permit.
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TC Energy's US$15B Keystone XL claim thrown out by trade tribunalCALGARY — A free trade arbitration tribunal has tossed out TC Energy Corp.'s claim that it is owed US$15 billion in damages as a result of U.S. President Joe Biden's cancellation of the Keystone XL pipeline permit.
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