TC Energy Rules Out Sale of Canadian Mainline Pipeline

TC Energy Corp. Chief Executive Officer Francois Poirier ruled out selling the Canadian Mainline natural gas pipeline — which stretches across most of the country — as the trade war with the US pushes energy security up Canadian politicians’ priority list.

President Donald Trump’s tariffs and repeated taunts about annexing Canada have highlighted the country’s vulnerability in relying on a crude pipeline that crosses through the US to supply oil for the eastern provinces’ refineries. Both of the main political parties seeking power in this month’s election have discussed the need to reduce reliance on the pipeline that goes through the Midwest.