TC Energy Corp. shareholders have voted in favour of spinning off the company’s crude oil pipelines business.
The company’s crude oil pipelines, including the critical Keystone pipeline system, will become part of a new liquids pipeline business called South Bow. The company has been under scrutiny by analysts and credit rating services for its significant debt load as well as for cost overruns on the Coastal GasLink pipeline project, which was completed in the fall of 2023.NDP wants price cap on grocery staples if costs don’t come downIs now the time to invest? Canadians are split on that decision
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TC Energy shareholders approve spinoff, creation of South Bow pipelines businessTC Energy Corp. shareholders have voted in favour of spinning off the company's crude oil pipelines business.
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TC Energy shareholders approve spinoff, creation of South Bow pipelines businessTC Energy Corp. shareholders have voted in favour of spinning off the company's crude oil pipelines business.
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TC Energy shareholders approve spinoff, creation of South Bow pipelines businessCALGARY — TC Energy Corp. shareholders have voted in favour of spinning off the company's crude oil pipelines business.
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TC Energy shareholders vote to spin off company’s liquids pipeline businessThe spinoff will create a new energy infrastructure firm known as South Bow Corp whose assets include the Keystone oil pipeline
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