Canadians are concerned about U.S. president-elect Joe Biden’s campaign pledge to veto the Keystone XL pipeline. And rightly so. A presidential veto of Keystone would be another gut punch to Alberta’s struggling oil and gas sector. Investor confidence would sink further while unemployment and bankruptcies would rise. That’s the bad news. But here’s some good news. Politicians often say one thing to get elected and then do something quite different when they win. First, there was no “blue wave” for the Democrats. Indeed, quite the opposite. Americans voted to get rid of Trump but not the Republican Party. They dumped the cowboy but kept his horse. To implement any of his priority issues, Biden is going to have to negotiate, compromise and horse-trade with Republican Senate Majority Leader Mitch McConnell.