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U.S. Taxpayers May Have To Pay $15 Billion In Damages To Canadian Firm Because Biden Canceled Pipeline

Ryan Saavedra
U.S. Taxpayers May Have To Pay $15 Billion In Damages To Canadian Firm Because Biden Canceled Pipeline
MANDEL NGAN / AFP via Getty Images

U.S. taxpayers may have to end up paying $15 billion to the Canadian company behind the Keystone XL Pipeline. The company is seeking damages after Democrat President Joe Biden canceled the pipeline to pursue his far-left energy agenda.

TC Energy announced last month that they were scrapping the project because revoked the permit needed to complete the pipeline. Fox Business noted that a study from the State Department found that the pipeline would have created 26,100 indirect and direct jobs.

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