Update: The TransCanada Energy East pipeline was cancelled in October of 2017. Read more about this victory here.
By repeating false information, TransCanada is misleading Canadians and investors in a desperate attempt to justify its Energy East pipeline and tanker proposal.
TransCanada erroneously claims that Energy East would benefit Canadians because the project would eliminate Canada’s dependence on foreign oil, repeatedly stating that Eastern Canadian refineries currently import 86 per cent of their oil from overseas sources, including Saudi Arabia, Nigeria, Venezuela, and Algeria.
TransCanada’s claim is false. And it’s inaccurate no matter how often the company repeats it. Energy East is an export pipeline, not a made-in-Canada energy solution.