BUSINESS

Energy East Pipeline Has Little Economic Value For Quebec, Premier Philippe Couillard Says

06/23/2015 02:41 EDT | Updated 06/23/2016 05:59 EDT
Patrick Belleriose
NEW YORK, N.Y. - Quebec Premier Philippe Couillard says he doesn't see much economic value for his province in a proposed pipeline that would carry oilsands crude from western Canada to refineries on the Atlantic coast.

Couillard said in an interview Tuesday with The Associated Press that if Quebec is simply a "transit place" for TransCanada's proposed Energy East project, he doesn't see much benefit.

The administration of U.S. President Barack Obama has delayed a decision on TransCanada's proposed Keystone XL pipeline from Alberta to Texas.

Enbridge's proposed Northern Gateway pipeline to the west coast remains in doubt.

Couillard is in New York seeking investment for a plan to develop the vast northern part of his province. He is not announcing any new commitments.

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