Keystone XL: 5 Years Down, How Many More to Go?

A text book case of a government dragging its heels.

| More on:
The Motley Fool

The 5-year anniversary of the Lehman Brothers collapse has garnered a lot of attention this week.  However, today marks the 5-year anniversary of an event that involves a side of the U.S. government that has acted far less swiftly than the folks who quickly fired up the printing press to ensure the global economy didn’t collapse along with Lehman.

It was 5 years ago today that TransCanada (TSX:TRP, NYSE:TRP) submitted its application to build the full Keystone XL pipeline.

To celebrate this somewhat dubious occasion, the good people at Oil Sands Fact Check have put together a rather clever infographic which demonstrates a series of significant projects that have been built in the time it has taken to get to where we are, wherever that is, in the Keystone XL approval process.

While TransCanada waits on the Keystone decision, a process that is more or less out of their control, plenty of companies are taking their destiny into their own hands.  3 such companies are profiled in our special FREE report “3 U.S. Companies That Every Canadian Should Own”.  Click here now to download this report at no charge.

The Motley Fool’s purpose is to help the world invest, better. Click here now for your free subscription to Take Stock, The Motley Fool Canada’s free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead.

Follow us on Twitter and Facebook for the latest in Foolish investing.

Fool contributor Iain Butler does not own shares in any of the companies mentioned above.  The Motley Fool does not own shares in any of the companies mentioned above. 

More on Investing

dividends can compound over time
Dividend Stocks

2 Dividend Stocks to Lock In Now for Decades of Passive Income

These two Canadian dividend stocks are both defensive and generate tons of cash flow, making them ideal for passive-income seekers.

Read more »

man looks surprised at investment growth
Dividend Stocks

If I Could Only Buy and Hold a Single Stock, This Would Be it

Brookfield (TSX:BN) is a very high-quality stock.

Read more »

ETF is short for exchange traded fund, a popular investment choice for Canadians
Dividend Stocks

The ETFs That Canadians Are Sleeping On (But Shouldn’t Be) Right Now

These three high-quality Canadian ETFs are perfect for investors in 2026, especially with increasing uncertainty and volatility in markets.

Read more »

A worker drinks out of a mug in an office.
Investing

3 Undervalued Canadian Stocks to Buy Immediately

Snatch up high-quality, underperforming, and undervalued Canadian stocks, such as BCE, to generate real long-term wealth.

Read more »

boy in bowtie and glasses gives positive thumbs up
Dividend Stocks

My Top Pick for Immediate Income? This 7.6% Dividend Stock

Slate Grocery REIT is an impressive high-yield option for investors seeking reliable income from defensive retail.

Read more »

TFSA (Tax-Free Savings Account) on wooden blocks and Canadian one hundred dollar bills.
Dividend Stocks

CRA: How to Use Your TFSA Contribution Limit in 2026

After understanding the CRA thresholds, the next step is to learn the core strategies in using your TFSA contribution limit…

Read more »

diversification and asset allocation are crucial investing concepts
Dividend Stocks

9.3% Dividend Yield: Buy This Top-Notch Dividend Stock in Bulk

This dividend stock trades at a discount of about 15% and offers a 9.3% dividend yield for now.

Read more »

stock chart
Investing

All-Weather TSX Stocks for Every Market Climate

Given their resilient business model and attractive growth prospects, these two all-weather TSX stocks would be excellent additions to your…

Read more »