SASKATOON - Interim federal Liberal Leader Bob Rae says the party continues to stand behind the Keystone XL oilsands pipeline project.

Rae, who is on his final tour as leader, made the comments Thursday at a fundraiser in Saskatoon.

His comments come just one day after Saskatchewan Premier Brad Wall said federal NDP leader Thomas Mulcair was not acting in Canada's best interest by opposing the $7 billion pipeline.

Rae said he continues to have a good relationship with Wall and has been clear in the party's commitment to resource development in the West.

Calgary-based TransCanada Pipeline's (TSX:TRP) project would primarily carry bitumen from Alberta's oilsands to refineries along the U.S. Gulf Coast, but oil would also come from the Bakken formation, which Saskatchewan shares with North Dakota and Montana.

Wall said the pipeline would increase Saskatchewan's oil revenue by $300 million.

"It's in our national interest to see that these resources are developed in a truly and deeply sustainable way," Rae said. "

"I agree with the state department view that says that there's no net environmental effect of building the pipeline in the United States."

After receiving the nod from Nebraska Gov. Dave, the pipeline's fate is now in the hands of the U.S. State Department and President Barack Obama.

"We've got to get our products to market here," Rae said. "We obviously need to continue to do a better job on the environment but that's no reason to come out against the pipeline."

Meanwhile, Rae's visit to Saskatoon marks one month before party faithful vote on a new leader. Liberal voters go to the polls on April 14.

The race is down to seven candidates after Marc Garneau withdrew on Wednesday.

While Garneau stepped down because he believes front-runner Justin Trudeau's victory is a "fait accompli," Rae said it is still anyone's race.

(CKOM)

Related on HuffPost:

Loading Slideshow...
  • Top 10 Most Polluting Countries

    In the following slides, find the top 10 countries with the greatest carbon dioxide emissions in 2011. Figures are estimates from the <a href="http://edgar.jrc.ec.europa.eu/overview.php?v=CO2ts1990-2011&sort=des9">Emissions Database for Global Atmospheric Research (EDGAR)</a>, a joint project of the European Commission and the Netherlands Environmental Assessment Agency. (Photo Getty Images)

  • 10. United Kingdom

    Estimated 2011 CO2 Emissions in metric tonnes: 470 million (Photo Getty/AFP/MIGUEL MEDINA)

  • 9. Indonesia

    Estimated 2011 CO2 Emissions in metric tonnes: 490 million (Photo Getty/AFP/ROMEO GACAD)

  • #8 - Canada

    Estimated 2011 CO2 Emissions in metric tonnes: 560 million (Photo MARK RALSTON/AFP/Getty Images)

  • #7 - South Korea

    Estimated 2011 CO2 Emissions in metric tonnes: 610 million (Photo CHOI JAE-KU/AFP/Getty Images)

  • #6 - Germany

    Estimated 2011 CO2 Emissions in metric tonnes: 810 million (Photo JOHANNES EISELE/AFP/Getty Images)

  • #5 - Japan

    Estimated 2011 CO2 Emissions in metric tonnes: 1.24 billion (Photo YOSHIKAZU TSUNO/AFP/Getty Images)

  • #4 - Russian Federation

    Estimated 2011 CO2 Emissions in metric tonnes: 1.83 billion (Photo KIRILL KUDRYAVTSEV/AFP/Getty Images)

  • #3 - India

    Estimated 2011 CO2 Emissions in metric tonnes: 1.97 billion (Photo ROBERTO SCHMIDT/AFP/Getty Images)

  • #2 - USA

    Estimated 2011 CO2 Emissions in metric tonnes: 5.42 billion (Photo by Kevork Djansezian/Getty Images)

  • #1 - China

    Estimated 2011 CO2 Emissions in metric tonnes: 8.7 billion (Photo PETER PARKS/AFP/Getty Images)