Comment on TransCanada Pipeline Project To Bring Crude Oil To Eastern Canada Welcomed By Government

TransCanada Pipeline Project To Bring Crude Oil To Eastern Canada Welcomed By Government

TORONTO, April 2 (Reuters) - The Canadian government said on Tuesday it was encouraged by TransCanada Corp's announcement that it plans to move forward on a plan to convert and build pipeline infrastructure to transport crude oil from Western Canada to eastern Canadian markets. The project could potentially eliminate Canada's reliance on the higher priced crude oil that it currently imports to supply East Coast refineries.

 

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