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Trump's campaign says if elected, he'd ask TransCanada to reapply for Keystone XL

Donald Trump's campaign says that if elected president he will ask Calgary-based pipeline company TransCanada Corp. to resubmit its proposal for the stalled Keystone XL pipeline.

Trump's new tax plan

8 years ago
Duration 7:09
Marc Goldwein, senior vice-president for the Committee for a Responsible Federal Budget, on Donald Trump's economic policy speech in Detroit

Donald Trump's campaign says that if elected president he will ask Calgary-based pipeline company TransCanada Corp. to resubmit its proposal for the stalled Keystone XL pipeline.

That detail was included in the highlights package distributed by his campaign for a major economic speech today, although the speech itself made no mention of the pipeline.

Reviving the project, rejected by U.S. President Barack Obama, has been Republican party policy although Trump has occasionally suggested he might seek a deal that's more financially beneficial for the U.S.

TransCanada has taken legal action against the U.S. government: it recently filed for NAFTA arbitration and is seeking $15 billion in damages, claiming the rejection was arbitrary and politically driven.

Trump's speech included a massive array of tax reductions on everything from businesses to personal estates to child-care costs; reaffirmed his plan to renegotiate or walk away from NAFTA; and promised to repeal Obama's climate-change regulations, withdraw from the global climate deal, and replace Obama's landmark health reform.

The campaign released a highlights package for the speech that included the phrase: "Ask TransCanada to renew its permit application for the Keystone pipeline."