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TransCanada Formally Seeks NAFTA Damages in Keystone XL Rejection
Reuters ^ | 6-25-16 | staff

Posted on 06/25/2016 4:56:57 PM PDT by smokingfrog

TransCanada Corp is formally requesting arbitration over U.S. President Barack Obama’s rejection of the Keystone XL pipeline, seeking $15 billion in damages, the company said in legal papers dated Friday.

TransCanada submitted a notice for an arbitration claim in January and had then tried to negotiate with the U.S. government to “reach an amicable settlement,” the company said in files posted on the pipeline’s website.

“Unfortunately, the parties were unable to settle the dispute.”

TransCanada said it then filed its formal arbitration request under North American Free Trade Agreement (NAFTA) provisions, seeking to recover what it says are costs and damages.

(Excerpt) Read more at fortune.com ...


TOPICS: Business/Economy; Canada; Government; News/Current Events
KEYWORDS: canada; energy; keystone; keystonexl; nafta; obama; pipeline
The heads of NAFTA members, Canada, the United States and Mexico, are expected to meet in Ottawa for a North American leaders’ Summit on June 29.

Canada was supposed to host the meeting early last year but canceled it amid tension between then Prime Minister Stephen Harper and Obama over the Keystone XL pipeline.

1 posted on 06/25/2016 4:56:57 PM PDT by smokingfrog
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To: smokingfrog

They should just sit on it and wait for Trump, Mr. T.


2 posted on 06/25/2016 4:59:20 PM PDT by SkyDancer ("They Say That Nobody's Perfect But Yet Here I Am")
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To: smokingfrog

If they win, can the $15B be collected solely from Dems, please? For those who didn’t vote for the gentleman, getting fined for Ebola’s malfeasance would be adding insult to injury.


3 posted on 06/25/2016 5:06:28 PM PDT by Still Thinking (Freedom is NOT a loophole!)
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To: smokingfrog

Just wait 200 days. Then we flow!!And open those wonderful clean coal mines!!


4 posted on 06/25/2016 5:13:59 PM PDT by WENDLE (Where is OMAR's WIFE??? INDICT HER. TRY HER!!! 49 DEAD!!)
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To: smokingfrog

they had to waste so many years and resources over a “decision” that was a foregone conclusion with the DemonRATS

TransCanada deserves damages but the American taxpayers should not have to pay — take it out of Warren Buffet and other corrupt Dem donors — and mortgage Obama’s income for the rest of his life to pay a share


5 posted on 06/25/2016 5:17:28 PM PDT by Enchante (No lipstick on the PIAPS!! #NeverShrillary)
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To: SkyDancer

Only 2 replies .... we’re gettin’ good


6 posted on 06/25/2016 5:18:11 PM PDT by knarf
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To: smokingfrog

I hope they win.


7 posted on 06/25/2016 5:21:26 PM PDT by JPJones ( You can't help the working class by paying the non-working class.)
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To: smokingfrog

I hope they win.


8 posted on 06/25/2016 5:25:55 PM PDT by JPJones ( You can't help the working class by paying the non-working class.)
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To: Enchante
TransCanada deserves damages but the American taxpayers should not have to pay — take it out of Warren Buffet and other corrupt Dem donors — and mortgage Obama’s income for the rest of his life to pay a share

Exactly. Basta*d Mullah obama should be paying.

9 posted on 06/25/2016 5:26:50 PM PDT by Mr Apple (Hillary >>> Cookies, Cake, Ice Cream, Peanuts and jars & jars of Cashews! .....the Walrus look!)
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To: smokingfrog

Weren’t Hillary’s fingerprints all over this? At one time, while she was still SOS, the hurdles had been cleared and the State Department gave it’s ok as required by law. Then all of a sudden, she came out AGAINST the pipeline... Can’t imagine what took place in the meantime!!!! They really would like to believe that we can’t connect the dots..........!!!!!!


10 posted on 06/25/2016 5:27:00 PM PDT by Thank You Rush
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To: Thank You Rush

“”The Department of State did not issue a permit for the Keystone XL pipeline while Clinton served as secretary of State. Environmentalists suspected Clinton supported the project and was preparing to award it the administration’s stamp of approval. But that didn’t happen before Clinton left the administration and former U.S. Sen. John Kerry was tapped for secretary of State.””
~~~~~~~~~~~~~~~~
May 2016 http://uspolitics.about.com/od/CampaignsElections/a/Hillary-Clinton-On-The-Keystone-Xl-Pipeline.htm
~~~~~~~~~~~~~~~~
She has taken so many positions on so many different issues, even she doesn’t know what she believes!


11 posted on 06/25/2016 5:34:41 PM PDT by Thank You Rush
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To: knarf

Yeppers.


12 posted on 06/25/2016 5:46:56 PM PDT by SkyDancer ("They Say That Nobody's Perfect But Yet Here I Am")
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To: Thank You Rush

Probably got paid off by Warren Buffett.


13 posted on 06/25/2016 6:06:33 PM PDT by smokingfrog ( sleep with one eye open (<o> ---)
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To: SkyDancer

WAS that you ?


14 posted on 06/25/2016 9:36:59 PM PDT by knarf
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