24-02-2020 03:41 via edmonton.ctvnews.ca

Teck pulls application for Frontier oilsands project

Teck Resource Limited has withdrawn its application for the Frontier oilsands project in Alberta from the federal environmental assessment process. The move came the same day the Alberta government announced it had struck deals with two first nations over the project. In a letter to Jonathan Wilkinson, minister of environment and climate change, Teck said the decision was made because of environmental unrest. "Global capital markets are changing rapidly and investors and customers are increasing
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