TransCanada Corp Ready To Begin Construction on Keystone XL Pipeline
TransCanada Corp. (TRP.TO) is gearing up to begin construction on the US$7-billion Keystone XL pipeline, anticipating a favourable report on the project's environmental impact from the U.S. State Department as early as Friday, the Globe and Mail reported.
It said the environmental assessment represents the single biggest regulatory hurdle facing the Calgary-based company, which has been confronted with a high-profile backlash over the pipeline from environmentalists, some U.S. politicians, and residents along the route.
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