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The NDP called on the UCP government to publicly disclose details of its Keystone XL deal with TC Energy, signed before Biden’s decision to revoke the permit needed to build the pipeline. Speaking in Calgary on Friday, NDP energy critic Kathleen Ganley said Kenney owes Albertans a transparent breakdown of the agreement, a full risk analysis, and disclosure of all financial documents related to the agreement.
The NDP plans to make a formal request at next Tuesday’s meeting of the legislature’s Standing Committee on Public Accounts to waive cabinet privilege and release details of the deal.
Ganley said those documents are in the public interest.
“Albertans still don’t know exactly how much we’re on the hook for,” she said.
The US$8-billion cross-border oil pipeline had been under construction since last year until Calgary-based TC Energy announced Wednesday it was suspending development, as Biden followed through on his campaign promise to block the project due to climate change considerations.
Alberta has a $1.5-billion equity investment in the pipeline and has also made a $6-billion loan guarantee that takes effect in 2021.
“While the news was disappointing, it didn’t come as a surprise. The only person who seems to have been surprised is the premier,” Ganley said.
“And now he’s trying to blame everyone but himself for losing billions of Albertans’ money. The responsibility rests squarely on his shoulders.”
Kenney released a public letter to Trudeau earlier in the day proposing “that we approach Washington together to begin a conversation about North American energy and climate policy.”
“We must find a path to a reconsideration of Keystone XL within the context of a broader North American energy and climate agreement,” Kenney wrote, adding Ottawa “must do more than express disappointment with this decision.”
“Just as your government stood up for aluminum and steel workers when faced with an unfair U.S. tariff in 2018, it is imperative that you take action for the thousands more workers in the energy sector and their vast contributions to the Canadian economy.”