Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Flaherty Says Keystone Delay Means Canada Must Expand Asia Trade

Nov. 13 (Bloomberg) -- Canada must expand trade with Asia after the U.S. government decided to delay its review of TransCanada Corp.’s $7 billion Keystone XL pipeline, Canadian Finance Minister Jim Flaherty told CTV Television.

“We’ve got to go where the trade is,” Flaherty said from the Asia-Pacific Economic Cooperation forum in Honolulu. “The sooner we can increasingly access markets in Asia, the better.”

The U.S. State Department’s decision to delay the project until after next year’s presidential election is “disappointing,” because it offered “thousands and thousands of high paying jobs, largely unionized jobs in the U.S,” Flaherty said.

Canada must “emphasize” its relationships with Asia-Pacific countries, “particularly through our west coast, through our ports in British Columbia, which we’re expanding,” the finance minister said.

To contact the reporter on this story: Chris Fournier in Halifax, Nova Scotia at

To contact the editor responsible for this story: Dave Liedtka at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.