Saskatchewan premier says Keystone approval good for both countries

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REGINA – Saskatchewan Premier Brad Wall says President Donald Trump’s approval of the Keystone XL pipeline is a win for both Canada and the United States.

Wall says in a statement that the pipeline will help energy industries and consumers on both sides of the border while assuring energy security.

He says it means Canada will be able to move oil to its biggest customer, get access to overseas markets and free up room on railways to move other products.

He says it will also help lower the price differential between what Canada receives for its oil and what can be demanded in a world market.

The premier says his province will gain about 2,200 jobs while the section of pipeline going through Alberta and Saskatchewan is built.

Wall, who has supported the TransCanada Corp. (TSX:TRP) pipeline proposal from the start, says it would have been approved years ago if it had been judged on its merits.

Former U.S. president Barack Obama nixed the pipeline partly over environmental concerns.

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