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TransCanada Says It Remains Fully Committed To Building Keystone XL

Darpan News Desk The Canadian Press, 09 Nov, 2016 11:30 AM
    CALGARY — TransCanada says it remains fully committed to building the controversial Keystone XL pipeline that U.S. President Barack Obama rejected last year.
     
    The pipeline company said Wednesday it's evaluating ways to engage the new administration elected yesterday on the potential benefits of the project.
     
    President-elect Donald Trump has said several times he is in favour of the Keystone XL pipeline, and invited TransCanada to reapply for approval as part of his platform.
     
     
    The Obama administration rejected the pipeline that would bring bitumen from Alberta's oilsands to U.S. Gulf Coast refineries last November because it was found not to be in the U.S. national interest.
     
    In response, TransCanada has filed for NAFTA arbitration on the pipeline and is seeking $15 billion in damages, claiming the rejection was arbitrary and politically driven.
     
    Prime Minister Justin Trudeau has supported the pipeline in the past, while interim Conservative leader Rona Ambrose urged Trudeau in a statement Wednesday to move quickly to push the project forward.

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    Annual Inflation Increased 1.5% In June Amid Low Fuel Prices: Statistics Canada

    OTTAWA — The country's annual inflation rate rang in at 1.5 per cent last month — with lower fuel prices helping to offset higher consumer costs for cars, electricity and air travel, Statistics Canada said Friday.

    Annual Inflation Increased 1.5% In June Amid Low Fuel Prices: Statistics Canada

    Shark Ventures Into Nova Scotia Harbour, Steals Mackerel From Fishing Lines

    Shark Ventures Into Nova Scotia Harbour, Steals Mackerel From Fishing Lines
    Witnesses say the roughly 1.5-metre shark swam under a popular harbour bridge and into the estuary, grabbing mackerel right off their lines, along with their bait.

    Shark Ventures Into Nova Scotia Harbour, Steals Mackerel From Fishing Lines

    Lawsuits Can Help Governments Think Critically About Its Programs: B.c. Minister

    Lawsuits Can Help Governments Think Critically About Its Programs: B.c. Minister
    Michelle Stilwell said Thursday that her ministry will now pay for any extra costs charged by private methadone-dispensing facilities beyond what is covered by its existing alcohol and drug supplement.

    Lawsuits Can Help Governments Think Critically About Its Programs: B.c. Minister

    Home Sales Down In Metro Vancouver, But Prices Still Up

    Home Sales Down In Metro Vancouver, But Prices Still Up
    Home sales fell in Metro Vancouver for a fourth straight month in June, but aspiring homeowners shouldn't celebrate yet — it's still a seller's market

    Home Sales Down In Metro Vancouver, But Prices Still Up

    Fort McMurray Evacuee Wins Lotto, Will Donate To Charities That Helped Family

    Fort McMurray Evacuee Wins Lotto, Will Donate To Charities That Helped Family
      Jason Wheeler won $1 million in the July 6 Lotto 6-49 Extra draw.

    Fort McMurray Evacuee Wins Lotto, Will Donate To Charities That Helped Family

    B.C. Posts $730 Million Surplus, Housing Revenues Continue To Fill Coffers

    Finance Minister Mike de Jong says the bottom line was boosted by an increase in property transfer tax revenues of $468 million, up almost 44 per cent.

    B.C. Posts $730 Million Surplus, Housing Revenues Continue To Fill Coffers