Looks like project funding problems at TransCanada have intensified. See Part I here.
Here's a link to the story on Andrew Halcro's blog:
TransCanada Corp. said it could delay parts of its multibillion-dollar Keystone oil pipeline expansion if its oilsands customers, dogged by the credit crisis, want to hold off on shipping additional crude oil to the Gulf Coast. (Canwest News Service; Financial Post
Published:Wednesday, October 29, 2008)
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