The final cost to Albertans for the Keystone XL pipeline will be about $1.3 billion as the provincial government and TC Energy announced the official termination of the project Wednesday. "We invested in Keystone XL because of the long-term economic benefits it would have provided Albertans and Canadians," said Energy Minister Sonya Savage in a news release. U.S. President Joe Biden signed his first executive orders on Jan. 20, including one that cancelled the permit for Keystone XL. WATCH | Masson discusses Keystone XL termination:Expert says politics played a role in the demise of Keystone XL Power and Politics 3:38 University of Calgary's Richard Masson says politics played a role at the death of the Keystone XL project pipeline. "Good riddance to Keystone XL," said Jared Margolis with the Center for Biological Diversity, one of many environmental groups that sued to stop it.

Source: CBC News June 09, 2021 21:10 UTC