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Message: [QUOTE="terminal, post: 10537690, member: 88377"] Keystone XL is not the only pipeline in the works. Between Transmountain, Line 3, diluent pipeline reversals, and various minor capacity increases on other lines, Canada will have more than enough new export pipeline capacity to last beyond when Biden has returned to dust. If and when we need another new pipeline beyond those, general opinion seems to be moving further towards we need to continue to diversify trade away from the US and look for other trading partners and allies. That's a topic for another thread however. What may be an immediate consequence of this though is that Biden cancelling the pipeline approval without talking to Canada about it first will be seen as a diplomatic slight. There have been several reports in the press that Canada will want something in return. The most common suggestion as to what this may be is for the US to drop charges against Meng Wanzhou, the senior Huawei executive that the US is trying to extradite. Canada would then send Meng back to China, and China in return would release Kovrig and Spavor. That would take that hot potato off Ottawa's hands in return for Ottawa not taking offence at the pipeline issue. As for Alberta being out of pocket over their investment in Keystone XL, everyone thought that Kenny was being reckless when he gambled the taxpayer's money on a project that he would have known was a political football in the US. But then again, Kenny [I]is[/I] an idiot. Alberta will sue the US over the cancellation and try to get their investment back. [/QUOTE]

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