However, for the Biden administration, the decision to cancel the Keystone XL pipeline project continues to be a major point of contention more than a year after the US President actually killed the project. Deputy Prime Minister Chrystia Freeland confirmed in a joint press conference with US Treasury Secretary Janet Yellen on Monday that she had once again mentioned with her US counterpart the cancellation of the Keystone XL. “Canada’s position at Keystone remains unchanged. “It’s something we mention every time we have these meetings, and I did it today,” Freeland said. The two high-ranking government officials met in Toronto to discuss how they could tackle explosive inflation through more resilient supply chains, including the energy front. Yellen said the revival of the Keystone XL project would be up to US President Joe Biden to consider, but said that even if it restarted, it would not help much with the current record prices facing drivers. “Even if it was allowed, it would take years to complete. Therefore, I do not see it as a short-term measure to deal with the current situation. “And in the long run, we remain committed to our climate change goals,” Yellen said. As part of one of his first major decisions in power, President Biden revoked a key license for the Keystone XL, which would have drastically increased the flow of crude oil from Alberta to the Gulf Coast refineries. While Freeland set the oil pipeline project with Yellen, it also backed the federal government’s fight against climate change as a top priority and how Canada should walk the line between the two seemingly conflicting concerns. “We are very much in agreement with this US government when it comes to the need to walk and chew gum with energy right now,” he said. “Obviously, we need to focus on the short-term energy needs of North America, the fact that Canadians and Americans are feeling real pain at the pumps, and the real energy security challenges facing our European partners. . » “Canada – as an energy producer – is taking our responsibility to our allies very seriously. “And so we are working hard to increase production.”
