Teck’s announcement that it was withdrawing Frontier from the environmental review process came at a time when Canada is becoming paralyzed by protests and blockades over the Coastal GasLink pipeline,

The announcement was made Tuesday at the bank's annual investor day in San Franciso.

Cancellation of Teck project in Alberta epitomizes the struggles of an industry that has seen most investors flee.

Conversion of TS Coal Power Plant into a facility that also produces power from natural gas can cut carbon emissions 50%.