Monday, November 15, 2021
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Cancellation of Keystone XL pipeline costs Alberta taxpayers $1.3 billion

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EDMONTON, AB – Alberta is on the hook for a pretty penny thanks to the American’s cancellation of the Keystone XL pipeline.

The provincial government Wednesday officially broke off its deal with Calgary’s TC Energy. Because the agreement was guaranteed, it’ll cost Alberta taxpayers “materially within” $1.3 billion.

Energy Minister Sonya Savage says they invested in Keystone XL because of the projected long-term economic benefits. “However, terminating our relationship with TC Energy’s project is in the best interest of Albertans under current conditions.”

The project died after President Joe Biden signed an executive order after being sworn into office back in January, revoking the pipeline’s permit.

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It would’ve transported up to 830,000 barrels of oil a day from Alberta to Nebraska.

In a news release, Alberta’s UCP government states the two parties will continue to explore all options to recoup the government’s investment in the project.

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Patrick Siedlecki

Pat has been a mainstay in the CJOC News department from the time the station launched in 2007. He’s been in the position of News Director since then and has been anchoring daily news casts as well as reporting and working behind the scenes.

Community is important to him and keeping CJOC listeners and readers informed about what’s happening across southern Alberta and beyond.

Pat has been in radio broadcasting for the past 24 years, starting in Port Alberni on Vancouver Island in 1997 and then moving up island to Nanaimo for another few years before heading to Lethbridge in 2007.

Pat grew up in the small Saskatchewan farming town of Foam Lake. After high school, he went to Western Academy Broadcasting College (WABC) in Saskatoon prior to moving to the island.

Pat also spent several years broadcasting hockey in the BCHL as well as seven years as the radio voice of the Lethbridge Hurricanes in the WHL.

Pat has been working at Cornerstone Funeral Home in Lethbridge as a Certified Life Celebrant and Funeral Assistant since 2016.

News and sports have always been Pat’s passion from the time he was a teenager and he’s always been grateful to have had the opportunity to make that part of what’s been a fun and long radio career!

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