TransCanada says it’s cancelling plans for the Energy East pipeline and Eastern Mainline projects.
The Calgary-based company said previously it was suspending its efforts to get regulatory approvals for the mega projects.
Energy East was conceived as a way to ship Alberta oilsands production as far east as Saint John’s, New Brunswick.
Part of the route would have been built through southern Saskatchewan.
- Saskatchewan’s premier promotes Energy East while speaking at New Brunswick energy conference
- Protesters disrupt Energy East hearings in Quebec
TransCanada says it will inform the National Energy Board that it will no longer be proceeding with its applications for both pipelines.
It’s also going to withdraw from a Quebec environmental review.
Energy East would have carried 1.1-million barrels of crude oil a day from Alberta to Saint John, New Brunswick.
In a statement, C-E-O Russ Girling cites the company’s “careful review of changed circumstances” and says TransCanada is thankful for the support it received from labour, business, industry, Irving Oil and various governments that passed resolutions in favour of the projects.
The project was fraught with detractors.
The Quebec government sought an injunction against the Energy East pipeline project in March of 2016.
Environment Minister David Heurtel says he wanted the $15.7-billion project to be subject to the province’s environmental regulations.
Heurtel asked TransCanada Pipelines to supply a report on the environmental impact of Energy East in Quebec.
- Energy East Pipeline high on agenda for Regina mayor Michael Fougere at Big City Mayors’ Meeting
- Premier Brad Wall defends Energy East in Quebec
In the meantime, Saskatchewan Premier Brad Wall expressed disappointment with Quebec’s decision to seek an injunction over the Energy East pipeline.
Wall had said the move was about environmental politics at a time when the entire country should be supporting a project that could create jobs, reduce the need to import foreign oil and get crude off the railways.
(files from The Canadian Press)