Sunday, April 26th13.0°C
25349
25222

Hillary Clinton says little to reassure Calgary crowd on Keystone

CALGARY - Former U.S. secretary of state Hillary Clinton says whatever the decision on the proposed Keystone XL pipeline, it's important that Canada and the United States retain a good working relationship.

"I think it's important not to let whatever that decision is on one pipeline colour the potential for co-operation ... between the United States and Canada on energy production and climate change," Clinton told about 2,500 business leaders at a private event in Calgary on Thursday.

She offered little assurance to the oil and natural gas sector about approval for the proposed pipeline.

"I have nothing more to add to that or on what will happen."

The $5.4-billion pipeline would carry bitumen from the oilsands in northern Alberta to refineries along the Texas Gulf Coast. The project has been in limbo for more than five years and has become a symbol of the political debate over climate change.

"What pipeline?" Clinton joked during a question-and-answer period with former New Brunswick premier Frank McKenna following the speech.

"This is a pipeline that crosses our international border and so falls under the perview of the State Department," she said.

"During the four years I was the secretary, there was a very comprehensive process that took into account many different factors, including some of the concerns ... (such as) pipeline capacity as well as jobs. I can't comment any further than that.

"It's still an ongoing process and ultimately Secretary (John) Kerry will have to make a decision."

Kerry is leading a regulatory review of Calgary-based TransCanada Corp.'s (TSX:TRP) pipeline proposal and is accepting public comments, including a letter of support from the Canadian government.

Follow @BillGraveland on Twitter

The Canadian Press


Read more Business News

25866


Recent Trending




Today's Market
S&P TSX15408.33+15.98
S&P CDNX697.70-1.78
DJIA18080.14+21.45
Nasdaq5092.08+36.02
S&P 5002117.69+4.76
CDN Dollar0.8221+0.0015
Gold1175.20-17.60
Oil55.50-0.88
Lumber258.50+3.90
Natural Gas2.531+0.002

 
Okanagan Companies
Pacific Safety0.12-0.01
Knighthawk0.010.00
QHR Technologies Inc1.38+0.00
Cantex0.035+0.005
Anavex Life Sciences0.43+0.01
Metalex Ventures0.095+0.000
Russel Metals27.16+0.41
Copper Mountain Mining1.15+0.06
Colorado Resources0.095+0.000
ReliaBrand Inc0.004-0.001
Sunrise Resources Ltd0.04+0.01
Mission Ready Services0.20+0.00
Decisive Dividend Corporation1.80+0.10

 



26104

FEATURED Property
22569762190 Carate Road
7 bedrooms 5 baths
$594,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


What's your score?

There was a time when we would sit down with nothing more than a sheet of paper and a sharp pencil to do the math. Totalling our expenses and subtracting our revenue, the amount left over was the answ...


Do you dare to dream?

Photo: Thinkstock.comI have never been able to understand why some people can only see as far ahead as the end of the current day. Instead of aiming for long term goals, they just wallow in their ever...


Calling on your help!

Has the internet flattened prices as predicted? Has the internet created opportunities for your business to find higher priced markets further afield? Is posting prices on your website a good thing o...

_



26091

26091


Member of BC Press Council


25692