Bloomberg News

Oliver Says Keystone Pipeline in Canada’s ‘Interest’

September 26, 2011

(Updates number of arrests in second paragraph.)

Sept. 26 (Bloomberg) -- Canada’s Natural Resources Minister Joe Oliver said that TransCanada Corp.’s proposed $7 billion Keystone XL pipeline is in the country’s “collective national interest.”

He made the comment in a statement from Ottawa today, where more than 100 people were arrested during a protest against the project. Keystone would link Alberta’s oilsands to refineries in the U.S. if the American government approves it, in a decision due by the end of the year.

Royal Canadian Mounted Police spokesman Sgt. Marc Menard confirmed the number of arrests in a telephone interview.

--Editor: Paul Badertscher

To contact the reporters on this story: Greg Quinn in Ottawa at gquinn1@bloomberg.net; Theophilos Argitis in Ottawa at targitis@bloomberg.net

To contact the editor responsible for this story: David Scanlan at dscanlan@bloomberg.net


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