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TransCanada’s Keystone XL Lawsuit Against U.S. on Hold

(Reid Southwick – Calgary Herald)

A Texas judge has hit the pause button on TransCanada Corp.’s lawsuit against the U.S. government over its rejection of the Keystone XL pipeline.

President Donald Trump revived the stalled project last week when he invited TransCanada to reapply for a permit to cross the border, something Barack Obama rejected late 2015.

Judge Kenneth Hoyt has given TransCanada three months to secure a decision from the Trump administration on whether it will grant the company a permit for the $8-billion project.

“The Department of State’s decision has the potential to render the matters now before this court moot,” Hoyt wrote in a decision Monday. Click here to read more.