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Placeline/People
City Vaughan
Country Canada

TC Energy enlists Alberta to help finish US$8-billion Keystone XL project

Alberta Premier Jason Kenney says Alberta will invest $1.5 billion and give loan guarantees to help Calgary-based TC Energy Corp. build its US$8-billion Keystone XL Pipeline project. On Tuesday, he said the export pipeline will position the province to profit after the current economic malaise caused by the COVID-19 pandemic and price war between Russia and Saudi Arabia, and will generate a net return of more than $30 billion through royalties and higher prices for Alberta oil in the next 20 years. 
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Information
Source name: 
The Canadian Press
Unique identifier: CP17161735 
Legacy Identifier: n_Kenney-Pipeline20200331T1814 
Type: Video 
Duration: 2m8s 
Dimensions: 1920px × 1080px     137.42 MB 
Create Date: 3/31/2020 6:14:00 PM 
Display aspect ratio: 16:9 
Tags
Coronavirus
COVID-19
economy
investment
Kenney
keystone
Keystone XL
pipeline