Fresh Keystone XL cancellation 'disappointing' for Canadian energy industry as TC Energy shares fall

CALGARY — The Canadian energy industry reacted with disappointment and anger — but not necessarily surprise — Monday following reports that incoming U.S. president Joe Biden would revoke presidential permits for TC Energy’s long-delayed Keystone XL pipeline on his first day in office. The revelation sent shares in TC Energy down down 4.5 per cent, or $2.57 each, to $54.00, dashing hopes that a series of modifications...