Natural Resources Canada

Natural Resources Canada

November 10, 2011 17:14 ET

Statement from the Honourable Joe Oliver, Minister of Natural Resources, on the Keystone XL Pipeline

OTTAWA, ONTARIO--(Marketwire - Nov. 10, 2011) - While in Tokyo, Japan, the Honourable Joe Oliver, Minister of Natural Resources, today made the following statement regarding the Keystone XL pipeline and Canada's energy industry:

"We are disappointed with today's decision to delay approval of the Keystone XL pipeline. We continue to believe the Keystone XL pipeline will create thousands of jobs and billions in economic growth on both sides of the border.

"While we are disappointed with the delay, we remain hopeful the project will be decided on its merits and eventually approved. In the meantime, our government will continue to promote Canada, and the oil sands, as a stable, secure and ethical source of energy for the world."

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