TC Energy Commences NAFTA Claim following Revocation of Keystone XL Presidential Permit
Source: www.gulfoilandgas.com 7/2/2021, Location: North America
TC Energy Corporation has filed a Notice of Intent to initiate a legacy North American Free Trade Agreement (NAFTA) claim under the United States-Mexico-Canada Agreement to recover economic damages resulting from the revocation of the Keystone XL Project’s Presidential Permit.
TC Energy will be seeking to recover more than US$15 billion in damages that it has suffered as a result of the U.S. Government’s breach of its NAFTA obligations.
The Notice of Intent was filed with the U.S. Department of State, Office of the Legal Adviser.
TC Energy’s common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. To learn more, visit us at TCEnergy.com.