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TransCanada files claim on Keystone XL rejection

It is seeking to recoup US$15b; claim highlights how foreign firms can use trade deals to challenge US policy

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TransCanada has said in a notice of intent filed in January that the US violated its obligations under Nafta by blocking a border-crossing permit for Keystone XL.

Washington

TRANSCANADA Corp is seeking to recoup US$15 billion for the Obama administration's rejection of the Keystone XL oil pipeline, in a legal claim that highlights how foreign companies can use trade deals to challenge US policy.

The Calgary-based pipeline operator filed...

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