TransCanada Files For Energy Board Approval For Energy East Project

A big step in the Energy East pipeline project.
TransCanada has officially filed for government approval for the $12-billion project with the National Energy Board.
The company has submitted a formal application for the project, which would carry 1.1 million barrels per day of crude oil from Alberta to the east coast.
It would go directly through northwestern Ontario and has garnered the support of the Northwestern Ontario Municipal Association.
TransCanada has filed 30,000 pages worth of documents outlining the project.
About two-thirds of the pipeline is already essentially in place but the project would involve expanding and extending a series of existing pipelines.