(The Canadian Press) CALGARY _ A former Liberal prime minister says he plans to head to Washington, D.C., to speak out in favour of TransCanada Corp.’s (TSX: T.TRP, Stock Forum) Keystone XL pipeline.
John Turner, who is 83, says he intends to spend some time with Canadian Ambassador Gary Doer before meeting with some leaders in both the U.S. Congress and Senate.
Turner, who served briefly as prime minister in 1984 before losing to Brian Mulroney, says he would also like to meet with U.S. President Barack Obama, but realizes that might not happen.
He says he is going down as a private citizen but he still knows some politicians from his many years in the federal cabinet.
Turner says he wants Americans to know Keystone will provide a stable energy supply.
He says Canada hasn't been doing a good enough job getting the message across.
TransCanada shares rose 1% to $49.66 Monday, leaving the company with a market cap of $35 billion, based on 706.4 million shares outstanding. The 52-week range is $50.26 and $41.47.