Article content

CALGARY — The controversial Keystone XL pipeline, all but dead under U.S. President Barack Obama, may find new life under President-elect Donald Trump.

TransCanada Corp. said Wednesday it is considering how to pitch the newly elected president on the benefits of the proposed, and denied, pipeline that would give oilsands crude better access to U.S. markets.

We apologize, but this video has failed to load.

tap here to see other videos from our team. Try refreshing your browser, or TransCanada Corp still 'fully committed' to Keystone XL, plans to engage with new president Trump Back to video

“We are evaluating ways to engage the new administrations on the benefits, the jobs and the tax revenues this project brings to the table,” TransCanada spokesperson Mark Cooper said in an email. He said the company “remains fully committed to building Keystone XL.”

TransCanada shares rose almost three per cent to $59.96 in Toronto trading Wednesday on speculation the President-elect will approve the 1,900-kilometre pipeline after his inauguration.