Taxpayers Could Be on the Hook for Billions in Damages to Canadian Firm Over Biden's Cancellation of Keystone

Weeks after TC Energy officially terminated the Keystone XL pipeline because President Biden revoked a key permit, the company announced it is seeking billion in damages from the U.S. government. On Friday, the company behind the project filed a Notice of Intent with the State Department, Office of the Legal Adviser, “to initiate a legacy North American Free Trade Agreement (NAFTA) claim under the United States-Mexico-Canada Agreement to recover economic damages resulting from the revocation of the Keystone XL Project’s Presidential Permit.”-- More...