The Saskatchewan Association of Rural Municipalities (SARM) is extremely disappointed that the Keystone XL Pipeline project has been suspended and with the federal government for not pushing hard enough to convince U.S. President Biden of the benefits of the Keystone XL. This is yet another blow to the Canadian economy and will adversely affect the Saskatchewan economy and rural municipalities in the province.
The project was expected to create over 1,000 short-term jobs during construction and generate an estimated $2.97 million in additional annual property taxes to municipalities along the right-of-way in Saskatchewan while also reducing the negative impacts of transporting heavy oil on our highways and railways allowing for more effective movement for producers to move their product to market.
“The Keystone XL Pipeline was an opportunity for a long-term stabilized energy supply from Canada to the United States,” stated SARM President Ray Orb. “An economic recovery requires support for projects like Keystone that advance the economic competitiveness of our province and provide economic stimulus for rural municipalities.”
SARM champions the value of rural Saskatchewan- our municipalities are home to the oil and gas industries that feed the world and fuel the economy.
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