TransCanada terminated the 1.1 mb/d Energy East and the Eastern Mainline pipeline projects and will withdraw their applications owing to lengthy regulatory uncertainties. The company expects a C$1bn (US$800m) of non-cash charge in the fourth quarter of 2017 due to the abandonment of the two projects. The project review was stalled in August 2016 after protests and the Canadian energy regulator National Energy Board (NEB) decided in January 2017 to restart all hearings related to both projects, voiding all decisions made by the previous hearing panel that was accused of bias.
The Energy East crude oil project, involving the construction of 1,600 km pipeline mainly in Quebec and New Brunswick, and the conversion of 3,000 km of existing natural gas pipes between the Alberta/Saskatchewan border to Cornwall (Ontario), was expected to cost approximately C$15.7bn (around US$12.6bn) and was anticipated to be in service by 2020.
Eastern Mainline was a natural gas transmission project and was expected to spread between the city of Markham and the township of Edwardsburgh/Cardinal (Canada).