Governments must help pipeline projects end losing streak [Toronto Globe and Mail (Ontario, Canada)]
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Source: Toronto Globe and Mail
Governments must help pipeline projects end losing streak Last week, Keyera Corp. announced it is postponing construction of the $1.3-billion Key Access Pipeline System, known as KAPS. BECQ - BPI Last week, Keyera Corp. announced it is postponing construction of the $1.3-billion Key Access Pipeline System, known as KAPS. In the absence of NHL hockey, how about we start keeping score of progress on big league energy projects? The country’s pipeline companies were having trouble putting pucks in the net – getting multibillion-dollar projects under way – before the COVID-19 crisis. Now fallout from the pandemic is shutting down essential energy projects. This losing streak is an ugly outcome for the Canadian economy. But the federal government can roll out a number of plays to help get the industry and the economy in the winner’s column, plays ranging from loan guarantees to diplomacy and long-discussed agreements with First Nations. Last week, Keyera Corp. announced it is postponing
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- TC Energy (NYSE:TRP) (TSE:TRP) had its "hold (c+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
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