TC Energy shifts billions to U.S. as Canadian investment climate falters

One of Canada’s largest energy companies is sending billions south of the border, citing better returns and faster permitting processes in the United States.

Source: Wikimedia Commons

One of Canada’s largest energy companies is sending billions south of the border, citing better returns and faster permitting processes in the United States.

TC Energy announced plans to invest $8.5 billion in U.S. energy infrastructure projects over the next five years, including a major pipeline upgrade in Virginia.

President an…