TransCanada to Face Hurdles in Quest for Eastern Pipeline
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TransCanada Corp., facing opposition to its Keystone XL pipeline in the midwestern U.S., is encountering challenges at home from environmental groups and provincial lawmakers over a proposed C$12 billion ($11.6 billion) line to ship oil to the Atlantic Coast.
The country’s second-biggest pipeline operator plans to move as much as 1.1 million barrels a day from the oil sands in Alberta to New Brunswick by 2018.