There are so many stories dealing with this file and what just happened. Few have talked about what can happen to the Ambassador Bridge Company future based on this experience. Now that should be fascinating to wait for.
In any event, a Toronto Star story:
http://www.thestar.com/news/world/2015/11/06/obama-rejects-keystone-pipeline-us-media-reports.html
"Trudeau seeks ‘fresh start’ with U.S. after Obama rejects Keystone
After a seven-year political saga, U.S. President Barack Obama rejects the Keystone XL pipeline. PM Justin Trudeau says he’s “disappointed” by the decision but eager to work with U.S. on climate change.The Obama administration rejected the Keystone XL oil pipeline that has divided petroleum interests and environmentalists for more than seven years.
OTTAWA — Canada’s role as a global
energy power entered a new chapter after U.S. President Barack Obama capped a
seven-year cross-border drama by rejecting the Keystone XL
project.
Prime
Minister Justin Trudeau, who favoured the proposed pipeline to carry oil
sands-derived crude oil from Alberta to the U.S., said he felt let down by the
rejection, but signaled Ottawa’s willingness to work more closely with the
Americans on energy and climate change.
“We are
disappointed by the decision but respect the right of the United States to make
the decision,” Trudeau said in a statement.
“The
Canada-U.S. relationship is much bigger than any one project and I look forward
to a fresh start with President Obama to strengthen our remarkable ties in a
spirit of friendship and cooperation,” he added.
At the
White House, Obama said senior U.S. officials would quickly open talks with
their counterparts in Canada in an effort to step up cooperation on energy and
global warming.
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