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MI - TC maintains Keystone XL commitment, earns 7% more YOY - May 2020



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TC Energy reiterated its commitment to completing the Keystone XL pipeline but acknowledged to analysts and investors on its Q1 conference call that a new setback could delay the project by as much as a year. It had forecasted a new startup date sometime in 2023, but then a US federal judge invalidated a crucial water permit on April 15, just days after the company announced it was restarting construction of the controversial $8......
 
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