Canada’s new prime minister seen focusing on trade, climate A prompt rejection of TransCanada Corp.’s Keystone XL pipeline would make the job easier for Canada’s incoming Prime Minister Justin Trudeau as he seeks to reset the country’s relationship with the U.S., which he says was damaged by outgoing leader Stephen Harper. Trudeau, whose Liberal Party Monday night defeated Harper’s Conservatives with a surprise majority in Parliament, could use a quick U.S. denial of Keystone to focus discussions with U.S. President Barack Obama on issues such as trade and climate. There’s been speculation among Keystone watchers including Republican North Dakota Senator John Hoeven, a supporter of the $8-billion project, that Obama would reject the pipeline shortly after the Canadian election. “If it’s going to be rejected, which I think most people think it is, the sooner the better so it can be attributed to Harper,” said James Coleman, assistant professor […]