Cole Pereira, equity research director of Stifel Financial, joins BNN Bloomberg to discuss TC Energy's South Bow spinoff.
TC Energy launched a claim in 2021 under the legacy rules tied to the old North American Free Trade Agreement, or NAFTA, because of what it said was the U.S. government’s breach of its free trade obligations. The International Centre for Settlement of Investment Disputes tribunal sided with the U.S. last Friday in the matter by refusing to hear the case.
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