Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


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

Oliver Says Canada Expects U.S. to Approve Keystone

Canadian Natural Resources Minister Joe Oliver said he’s optimistic President Barack Obama’s administration will approve TransCanada Corp.’s Keystone XL pipeline project now that the U.S. election campaign is over.

Speaking to reporters in Ottawa, Oliver said Obama’s government will now be able to look at the project objectively. TransCanada re-applied in May for a U.S. permit for parts of the Keystone pipeline, which would transport crude from Alberta’s oil sands to the U.S., after a prior application was rejected by President Barack Obama on Jan. 18.

“I don’t know exactly why he postponed it but the point is right now we’re not in the middle of an election campaign and it will be decided by the administration on its merits,” Oliver said.

Canada will respect the U.S. regulatory process, and will continue to advocate for the pipeline, the minister said.

“We believe the Keystone XL pipeline will be approved by the Americans because it is clearly in the U.S. national interests in terms of national security, jobs, economic growth,” Oliver said.

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.