TransCanada is challenging President Obama’s November 2015 rejection of its proposed Keystone XL, as he denied a required Presidential Permit.
Attempting to recover US$15 billion in claimed damages, TransCanada announced that it had taken legal action under the North American Free Trade Agreement (NAFTA) and was initiating “constitutional litigation against the US Administration.” In June, the corporation moved forward with a lawsuit against the US under the NAFTA.
