Aug 08, 2016
By Christine Ross
U.S. President Barack Obama said no thank you but Donald Trump’s campaign is saying yes to the Keystone XL pipeline, if elected. Trump will ask Calgary-based company TransCanada Corp. to re-submit its proposal for the stalled pipeline. Reviving the has been Republican party policy although Trump has occasionally suggested he might seek a deal that’s more financially beneficial for the United States. TransCanada has taken legal action against the U.S. government; it recently filed for NAFTA arbitration and is seeking $15 billion in damages, claiming the rejection politically driven. Trump’s position on the pipeline was included in highlights package distributed today before a major economic speech which included massive tax reductions on everything from businesses to child-care costs. He also reaffirmed his plan to walk away from NAFTA or renegotiate it and he also announced he’ll repeal climate change regulations.