Calgary Herald, by Mike Ridewood, Canadian Press.  So much for all the hand-wringing over the fate of TransCanada Corp.’s mega-projects. Investors are looking beyond Keystone XL and Energy East.

The company’s stock has been rallying since it announced the $10.2 billion acquisition of Columbia Pipeline Group Inc. in March, breaking out above rival Enbridge Inc. and beating an index of Canadian energy peers. The deal is letting investors shake off President Barack Obama’s rejection of Keystone XL, TransCanada’s most well-known project, as well as all the hurdles facing the even bigger $15.7 billion line that would link the oilsands to Canada’s Atlantic coast.

More on Alaska’s fiscal crisis:

Brad Keithley, NGP Photo by Dave Harbour

Brad Keithley, NGP Photo by Dave Harbour

First Post by Brad Keithley:

Wednesday’s “First Post” from Alaskans for Sustainable Budgets: Yes, we just did a full eye roll when someone tried to argue that the #AKLeg held spending to $4.3 billion. Our response? If that’s all you got, go peddle your wares somewhere else; stop wasting our time. Here are the #LegFin sheets from yesterday. If you reject these you just need to go find your tin foil hat and head out into the woods. Adding up all the spending (in the red blocks) — not just cherry picking some of it — totals $4.87, before adjusting for accounting tricks (using other sources of funds to substitute for UGF to make the UGF spend look smaller). As we noted yesterday, again using the #LegFin sheets (https://goo.gl/JyUVSA), we already have identified one of those equal to another $90 million; adjusting solely for that, the total budget rises to $4.96 B. And there will be more; keep in mind that in her weekend piece, Senator MacKinnon fully admitted that “[d]espite these reforms, Alaska’s budgets are still over $5 billion.” (http://goo.gl/CRLikG) Are those now claiming otherwise suggesting she lied? That’s even a bigger stretch than denying the #LegFin sheets. Certainly, we know some #AKLeg want desperately to claim that they kept spending within $4.5 B, but cherry picking numbers isn’t the way to do it. It’s better to face up to it; you voted for it, you own it. Hopefully you had a reason.