'This could cause us problems': Alberta's sovereignty bill could scare off investment, says Calgary chamber

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The Alberta Sovereignty within a United Canada Act could drive investment out of the province, the Calgary Chamber of Commerce warns.

Alberta Lt.-Gov. Salma Lakhani delivers Throne Speech focused on affordability, health-care reform, jobs, and fighting Ottawa

Yedlin argued the act does not allow for constructive conversations with the federal government and that all levels of government need to collaborate to make Alberta an attractive place to invest and to work, stating the province has to compete with jurisdictions from all corners of the globe.Article content

Yedlin said Quebec lost investment when that province grappled with the idea of separation. She said that while Smith’s bill makes it clear it is not about separating, just the idea of uncertainty could cause investors to look elsewhere.Lisa Baiton, president and CEO of the Canadian Association of Petroleum Producers, said they are taking time to review the bill with their members. She said they are concerned about any policy that has the potential to create uncertainty for investors.

Finance Minister Travis Toews was critical of the sovereignty act while he ran against Smith in the leadership contest. At the time, he argued the bill would bringOn Wednesday, he acknowledged he had legitimate concerns during the summer but said he has since had full opportunity to participate in the development of the bill along with his caucus colleagues, and that it addresses his previous concerns.

 

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The Alberta sovereignty bill may prove to be less scary to investors than Federal governments ability and track record to veto any major project. Oil production in NFLD good, production in Alberta, no way!

More than Trudeau already has?

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Alberta sovereignty act damaging to business: Calgary Chamber of Commerce | Globalnews.caCalgary Chamber of Commerce CEO says the proposed sovereignty act negatively affects Alberta’s image, and will make it harder for Alberta businesses to attract young workers from other parts of Canada. Canada has Allready Rejected Sovereignty Association and special status in a referendum. UNLIKE Quebec one of 4 Charter members in creating Canada ,Alberta ,Man .and Sask were created by Ottawa and may return to Territorial Status lol😁 Actually it does the exact opposite , now investors can feel that their investment in Alberta can have some protection rights over the federal government implementation of obscene new laws I think it does the opposite lol it's ok when Quebec does it but albertans are assailed for proposing the same thing
Source: GlobalCalgary - 🏆 50. / 61 Read more »

Alberta sovereignty act damaging to business, Calgary Chamber of Commerce saysAlberta’s proposed sovereignty act creates investment uncertainty and will make it difficult for Alberta businesses to attract capital, Calgary Chamber of Commerce president says Not true. I here already tons of people from Ontario are moving out there because of this, suggesting that Doug Ford is a Sally compared to Danny and wished he had her balls fordnation CONSERVATIVES ARE TRYING TO DESTROY CANADA media war escalating on Smith by the Libs 😭
Source: globeandmail - 🏆 5. / 92 Read more »

Premier Smith's proposed sovereignty act could drive investment away from Alberta: Calgary chamberThe Alberta Sovereignty within a United Canada Act could drive investment out of the province, the Calgary Chamber of Commerce warns. It could also attract it but that story can’t be told, right? Based on its newfound progressive ways the Chamber will be the one driving away investment. The goal is to drive Ottawa away. Why is it so bad to push for the same standing as Quebec in this Confederation? No one seems to want to answer that nor address the systemic discrimination of the west built into confederation….
Source: calgaryherald - 🏆 64. / 52 Read more »