Harper remains persistent on Keystone XL Project

With the fate of the Keystone XL Pipeline project in U.S President Barack Obama’s hands, Prime Minister Stephen Harper remained adamant in underlining that he would “keep pushing forward” for the completion of the project. ¹

Harper, who stood in front of a group of business leaders in New York, continued to accentuate the potential positives of the proposed project, Harper proclaimed that with negligible environmental impact and with prospective economic benefits, “the logic behind [the] project is overwhelming”. ¹

However, NDP Natural Resources critic Peter Julian -one of many critics condoning Harper’s approach- , characterized the Keystone XL project as “a major irritant in Canada’s relationship with our closest trading partner”. ¹ Liberal critic Geoff Regan was also condoning of the project, saying that the “Keystone XL pipeline is costing Canadians’ jobs and damaging our relationship with our most important trading partner”. ¹

In the end, countless critics will continue to condemn Harper and His Conservatives for their continued push for the Keystone XL Pipeline Project. Ultimately, it is important to distinguish the Opportunity Costs, Economic Spillovers and the Feedbacks that are involved with such an immense business decision, to ultimately determine if the Keystone Project will bring about Market Efficiency (Net Benefit) to all Canadians.

Image by Laris Karklis via the Washington Post

Sources:

¹ www.cbc.ca/m/touch/business/story/1.1869439