TC Energy files $15 billion NAFTA claim for canceled Keystone XL pipeline

7/3/2021

CALGARY - 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.

Related story: TC Energy officially terminates Keystone XL pipeline after Biden revokes permit

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