Keystone XL rejection leads TransCanada to sue Obama administration

TransCanada has filed a lawsuit against the Obama administration and plans to file a claim under the North American Free Trade Agreement over the U.S. government's rejection of the company's proposed Keystone XL pipeline.

The company said Wednesday it has filed a notice of intent to initiate the NAFTA claim on the basis that the denial was not justified.

"TransCanada has been unjustly deprived of the value of its multibillion-dollar investment by the U.S. administration's action," said the company in a release.

http://www.cbc.ca/news/canada/calgary/transcanada-lawsuit-keystone-xl-pipeline-1.3392446