Officially dead. TC indicates thousands of layoffs.
https://www.cbc.ca/news/canada/calga...tion-1.5880268
Quote:
In a statement released Wednesday morning, TC Energy said it was disappointed in the move and warned it would lead to the layoffs of thousands of unionized workers.
"TC Energy will review the decision, assess its implications and consider its options," the statement reads. "However, as a result of the expected revocation of the presidential permit, advancement of the project will be suspended."
The company said the decision would "overturn an unprecedented, comprehensive regulatory process that lasted more than a decade."
The company struck a deal with four labour unions to build the pipeline and has an agreement in place with five Indigenous tribes to take a roughly $785 million ownership stake.
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My name is Ozymandias, King of Kings;
Look on my Works, ye Mighty, and despair!
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