Biden Cancels Keystone XL Project, Putting Canada in Bind

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  • Bloomberg Politics published this video item, entitled “Biden Cancels Keystone XL Project, Putting Canada in Bind” – below is their description.

    Jan.22 — President Joe Biden revoked the permit for TC Energy Corp.’s Keystone XL energy pipeline via executive order hours after his inauguration on Wednesday. Biden speaks to Canadian Prime Minister Justin Trudeau today. Bruce Heyman, former U.S. ambassador to Canada, talks on “Bloomberg Markets.”

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    In This Story: Canada

    Canada is a country in the northern part of North America. It extends from the Atlantic to the Pacific and northward into the Arctic Ocean, covering 9.98 million square kilometres (3.85 million square miles), making it the world’s second-largest country by total area.

    Its southern and western border with the United States, stretching 8,891 kilometres (5,525 mi), is the world’s longest bi-national land border. Canada’s capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver.

    Various Indigenous peoples inhabited what is now Canada for thousands of years before European colonization. The Canada Act 1982, which severed the vestiges of legal dependence on the British Parliament. Canada is a parliamentary democracy and a constitutional monarchy in the Westminster tradition, with a monarch and a prime minister who serves as the chair of the Cabinet and head of government.

    As a highly developed country, Canada has the seventeenth-highest nominal per-capita income globally as well as the thirteenth-highest ranking in the Human Development Index. Its advanced economy is the tenth-largest in the world, relying chiefly upon its abundant natural resources and well-developed international trade networks.

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