Keystone XL Cancellation: Retaliate, Demand Compensation, or Move On?

Keystone XL pipeline facilities are seen in Hardisty, Alta., in a file photo. The now-cancelled pipeline would have carried oilsands crude from Hardisty to the U.S. Gulf Coast. The Canadian Press/Jeff McIntosh

The decision by the Biden administration to cancel the permit for the Keystone XL pipeline continues to make waves, with the premiers of Alberta and Saskatchewan calling for retaliatory measures and holding out hope, while Canada’s ambassador to the United States says it’s time to move on.

U.S. President Joe Biden cancelled the US$8 billion project on his first day in office, fulfilling a campaign promise to rescind Donald Trump’s permit for Keystone XL, which would have linked Alberta’s oilsands with refineries on the U.S. Gulf Coast.