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Stock impact report

South Bow boss taking lessons from Keystone XL as it pursues new cross-border project [Yahoo! Finance Canada]

TC Energy Corporation (TRP) 
Last tc energy corporation earnings: 5/1 07:30 am Check Earnings Report
US:NYSE Investor Relations: transcanada.com/en/investors
That was one of the lessons the company drew from a past attempt to expand its cross-border system — the infamous Keystone XL proposal repeatedly killed and resurrected amid fervent environmental opposition. "Our team has learned through many previous projects that allocating risk appropriately among all stakeholders — our customers, ourselves as developers, partners — is really critical. So the team has been working diligently on that front," CEO Bevin Wirzba told analysts on a quarterly conference call. "We will not sacrifice our capital allocation discipline through advancing any project." The Calgary-based company, which used to be part of TC Energy Corp., has begun gauging customer interest in its Prairie Connector proposal, which would start in Hardisty, Alta., and carry oilsands crude to various U.S. destinations. The existing Keystone system starts in the same eastern Alberta town and currently delivers crude to refineries in the U.S. Midwest and Gulf Coast. The ill Show less Read more
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