Biden's scrapping of Keystone pipeline allows Canada's Trudeau to move on
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard
TUESDAY, MAY 17, 2022
TUESDAY, MAY 17, 2022
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
Biden's scrapping of Keystone pipeline allows Canada's Trudeau to move on

World+Biz

Reuters
21 January, 2021, 10:55 am
Last modified: 21 January, 2021, 11:01 am

Related News

  • Biden sends top-tier team to UAE with eye on frayed ties
  • Biden and Jordan's King Abdullah discuss reducing Israel, West Bank tensions
  • With China in focus, Biden makes $150 million commitment to ASEAN leaders
  • Biden considering Korea DMZ visit when traveling to Asia this month
  • Biden eyes new ways to bar China from scooping up US data

Biden's scrapping of Keystone pipeline allows Canada's Trudeau to move on

Trudeau was the first world leader to congratulate Biden after the November election, and hopes to be the first to meet with him in a bid to turn the page on the Donald Trump era

Reuters
21 January, 2021, 10:55 am
Last modified: 21 January, 2021, 11:01 am
Canada's Prime Minister Justin Trudeau (R) shakes hands with US Vice President Joe Biden during a meeting in Trudeau's office on Parliament Hill in Ottawa, Ontario, Canada, December 9, 2016. REUTERS/Chris Wattie/File Photo
Canada's Prime Minister Justin Trudeau (R) shakes hands with US Vice President Joe Biden during a meeting in Trudeau's office on Parliament Hill in Ottawa, Ontario, Canada, December 9, 2016. REUTERS/Chris Wattie/File Photo

US President Joe Biden's move to scrap the Keystone XL oil pipeline, while a blow to Canada's energy sector, is a blessing in disguise for Prime Minister Justin Trudeau, who is eager to embrace the new administration, two sources familiar with the matter said.

Biden formally revoked the permit to build the pipeline on Wednesday, killing the $8 billion project to pump oil sands crude from Alberta to Nebraska.

"At first glance this is bad news... but at least now the matter is settled and won't be souring bilateral relations for months to come," a diplomatic source from a major allied country said.

"Canada hasn't had to expend any serious political capital with the Biden administration on the pipeline and can now focus on the many other areas where Trudeau feels the two nations should cooperate," the source said.

Trudeau was the first world leader to congratulate Biden after the November election, and hopes to be the first to meet with him in a bid to turn the page on the Donald Trump era, when relations between the two countries were often turbulent.

A Biden spokeswoman said the president's first call to a foreign leader would be to Trudeau on Friday.

In a statement late on Wednesday, Trudeau said "we are disappointed but acknowledge the President's decision" while welcoming his move to rejoin the Paris agreement on climate change.

"I look forward to working with President Biden to reduce pollution," he said. Trudeau, first elected in 2015, has consistently said cutting the greenhouse gases widely blamed for global warming is a big priority.

Trudeau is also weighing a possible snap election this year, and he has much riding on his ties with Biden.

"The relationship is much bigger than one project," said a Canadian source familiar with the matter.

Keystone XL was meant to carry 830,000 barrels per day to the United States, but ran into fierce domestic opposition.

During his election campaign, Biden promised quash the pipeline, which Trudeau has supported since before he became prime minister.

The permit revocation "is not the best way to start off" with a new president, said Roland Paris, a former foreign policy adviser to Trudeau and University of Ottawa international affairs professor.

"This issue should not be seen as a litmus test to the relationship because there are many other areas where Canada will be able to cooperate with the new Biden administration," Paris said.

Trudeau told Reuters last week he was looking to Biden to re-engage with allies around the world, and that he wanted to discuss climate change.

Biden's ambitious climate change plan includes $2 trillion in investment for clean-energy infrastructure over four years and "opens up opportunities for collaboration" with Canada, said Sara Hastings-Simon, a researcher at the Colorado School of Mines.

Keystone XL oil pipeline / Keystone pipeline / US-Canada / Justin Trudeau / US President Joe Biden / Joe Biden

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • A packet of US five-dollar bills is inspected at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron
    Dollar price crosses Tk100 in open market 
  • Govt fixes tolls for Padma Bridge
    Govt fixes tolls for Padma Bridge
  • Photo: PID
    Prioritise dev projects, spend wisely: PM Hasina 

MOST VIEWED

  • A supporter of Shi'ite Amal Movement drives past a poster of Lebanon's Hezbollah leader Sayyed Hassan Nasrallah on the parliamentary election day in Houla, southern Lebanon May 15, 2022. REUTERS/Aziz Taher/File Photo
    Hezbollah and allies lose majority in Lebanese parliament, final results show
  • Former US President Donald Trump walks on stage during a rally at the Sarasota Fairgrounds Saturday, July 3, 2021, in Sarasota, Fla. (AP Photo/Jason Behnken)
    Power of Trump's endorsements faces test in 12 key US midterm primaries
  • 
A general a view of the Rumaila oil field in Basra, Iraq on 28 November 2017. Photo: Reuters
    Iraq balks at greater Chinese control of its oilfields
  • A wounded service member of Ukrainian forces from the besieged Azovstal steel mill in Mariupol is transported on a stretcher out of a bus, which arrived under escort of the pro-Russian military in the course of Ukraine-Russia conflict in Novoazovsk, Ukraine on 16 May 2022. Photo: Reuters
    More than 250 Ukrainian troops surrender as Kyiv orders Mariupol to yield
  • Indonesian palm oil farmers take part in a protest demanding the government to end the palm oil export ban, outside the Coordinating Ministry of Economic Affairs office, in Jakarta, Indonesia on 17 May 2022. Photo: Reuters
    Indonesian farmers protest against rising cost of palm oil export ban
  • Flags of European Union and Finland fly outside the Finnish embassy in Moscow, Russia March 29, 2018. REUTERS/Maxim Shemetov
    Russia to expel two Finnish diplomats in tit-for-tat move

Related News

  • Biden sends top-tier team to UAE with eye on frayed ties
  • Biden and Jordan's King Abdullah discuss reducing Israel, West Bank tensions
  • With China in focus, Biden makes $150 million commitment to ASEAN leaders
  • Biden considering Korea DMZ visit when traveling to Asia this month
  • Biden eyes new ways to bar China from scooping up US data

Features

Despite Bangladesh having about 24,000 km of waterways, only a few hundred kilometres are covered by commercial launch services. Photo: Saad Abdullah

Utilising waterways: When common home-goers show the way

5h | Panorama
Illustration: TBS

How Putin revived Nato

6h | Panorama
The reception is a volumetric box-shaped room that has two glass walls on both the front and back ends and the other two walls are adorned with interior plants, wood and aluminium screens. Photo: Noor-A-Alam

The United House: Living and working inside nature

6h | Habitat
Pcycle team members at a waste management orientation event. Photo: Courtesy

Pcycle: Turning waste from bins into beautiful crafts

8h | Panorama

More Videos from TBS

Can your coworker be your closest friend?

Can your coworker be your closest friend?

8h | Videos
The mystery behind Pyramid

The mystery behind Pyramid

8h | Videos
Finland, Sweden decide to join NATO

Finland, Sweden decide to join NATO

20h | Videos
Where you can swim for Tk5

Where you can swim for Tk5

21h | Videos

Most Read

1
Representative Photo: Pixabay.
Bangladesh

Microplastics found in 5 local sugar brands

2
Mushfiq Mobarak. Photo: Noor-A-Alam
Panorama

Meet the Yale professor who anchors his research in Bangladesh and scales up interventions globally

3
Impact of falling taka against US dollar
Banking

Taka losing more value as global currency market volatility persists

4
Govt tightens belt to relieve reserve
Economy

Govt tightens belt to relieve reserve

5
Union Capital asked to return Tk100cr FDR to BATBC 
Banking

Union Capital asked to return Tk100cr FDR to BATBC 

6
How Bangladesh can achieve edible oil self-sufficiency with local alternatives
Bazaar

How Bangladesh can achieve edible oil self-sufficiency with local alternatives

The Business Standard
Top
  • Home
  • Entertainment
  • Sports
  • About Us
  • Bangladesh
  • International
  • Privacy Policy
  • Comment Policy
  • Contact Us
  • Economy
  • Sitemap
  • RSS

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net

Copyright © 2022 THE BUSINESS STANDARD All rights reserved. Technical Partner: RSI Lab