TC Energy invests billions of dollars in integrity and preventive maintenance programs to ensure safe and reliable operations of our pipeline systems.Click image to enlargeTC Energy Corp. has confirmed that it has terminated the Keystone XL Pipeline after a comprehensive review of its options, and in consultation with its partner, the Government of Alberta.

Construction on the pipeline was suspended after newly elected U.S. President Biden revoked its permit on January 20, 2021.

The cancellation also dashes the hopes of many contractors eager to tap into the millions of dollars of potential welding and fabrication work required to finish the project.

TC Energy said in a statement it will continue to coordinate with regulators, stakeholders and Indigenous groups to meet its environmental and regulatory commitments and ensure a safe termination of the project.

“TC Energy’s infrastructure plays a critical role in powering the North American economy, delivering the energy people need every day, safely and responsibly. The Company continues to progress $20 billion of secured growth projects, $7 billion of projects under development, and numerous additional initiatives aligned with its risk preferences and return criteria across its business lines and geographies,” said TC Energy’s president and CEO François Poirier.

“Through the process, we developed meaningful Indigenous equity opportunities and a first-of-its-kind, industry leading plan to operate the pipeline with net-zero emissions throughout its lifecycle. We will continue to identify opportunities to apply this level of ingenuity across our business going forward, including our current evaluation of the potential to power existing U.S. assets with renewable energy,” he said.

Poirier added that TC Energy still sees plenty of opportunity in the energy transition with its irreplaceable asset footprint, financial strength and organizational capabilities positioning it to capture further significant and compelling growth.

Five Axis Machining: West Coast Wonder

A B.C. design and manufacturing company adopted a five axis strategy. Read how Rainhouse Manufacturing Canada is benefiting from its investments.

Manufacturing index slips to 26 month low

A sharp downturn in employment growth set the negative tone for the IHS Markit Purchasing Managers’ Index (PMI) for February, however there was also strong demand from US clients that helped support overall new export orders.

$1.7 M+ for manufacturing innovation in Quebec

The Federal government, via the Canada Economic Development for the Quebec Regions (CED), is investing more than $1.7 million in five Quebec manufacturing companies.

Bombardier Aerospace on a roll

Recent aircraft deals valued at close to $1.5 billion

Bombardier Aerospace has had a recent slate of good news that is helping to spur growth in Canada’s aerospace parts manufacturing sector.

Manufacturing sales up in March

Statistics Canada’s Monthly Survey of Manufacturing for March 2018 shows that overall, Canadian manufacturing sales rose 1.4 per cent to $57.1 B for the period.

Mark Sully area sales manager at DMG MORI Canada

Mark Sully has has joined DMG MORI Canada as area sales manager for Toronto and Ontario East.

Quebec firm acquires machine shop business JLM Usinage

Mundial Group, St. Lambert-de-Lauzon, QC, has aquired JLM Usinage Inc., of St. Augustin-de-Desmaures, QC, a machine shop specializing in pharmaceutical, medical, scientific, optical, electronics, food and industrial sectors.

Sandvik Coromant partners with auto tools maker

Sandvik Coromant has signed a partnership agreement with Hanna Tools that will strengthen Sandvik Coromant's global position in the automotive manufacturing industry.

Bystronic holds fiber laser learning event in Ontario

Metal fabricators from the Greater Toronto Area (GTA) and as far away as Sudbury attended a Bystronic “Best Choice” learning event to hear about the economic benefits of fiber laser cutting technology.

Lincoln expands automation capabilities with acquisition

LIncoln Electric Co., Cleveland, OH, has acquired intellectual property related to laser welding and marking systems produced by Process Equipment Co. (PECo) of Tippo City, OH. The company's Wayne Trail subsidiary, which produces laser welding, cutting, ablation, cladding and marking systems, will service and support the installed base of PECo laser welding and marketing systems.

US companies using tariffs to hike prices, Linamar CEO says

Linda Hasenfratz, CEO of Linamar, says "opportunistic" US companies are taking advantage of 25 per cent tariffs on metals introduced by President Donald Trump to hike the prices they charge.

GM to offer IoT services to OnStar-enabled fleets

Connected vehicle technology company Fleet Complete and General Motors are partnering to bring IoT-enabled services to OnStar-equipped fleet vehicles in Canada.

Toyota Canada reports strong sales for first half of 2019

Toyota Canada says it sold 120,368 vehicles in the first half of the year.

DMG MORI, Fuchs launch partnership for machine tool lubricants

DMG MORI and Fuchs have announced a technology partnership agreement and signed a collaboration contract to work together on innovative product developments for lubricants for machine tools.

ATS acquires BioDot Inc.

Cambridge, Ont.-based automation company ATS Automation Tooling Systems Inc. has stuck a deal to acquire BioDot Inc., a California-based manufacturer of automated fluid dispensing systems.

Stay In Touch

twitter facebook linkedIn