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

  • 📰 calgaryherald
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 52%

Business News News

Business Business Latest News,Business Business Headlines

ICYMI: Premier Smith's proposed sovereignty act could drive investment away from Alberta: Calgary chamber yyc yycbiz ableg abpoli

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Alberta’s Premier has proven she has a backbone and willing to fight for Alberta and not bow down to Trudeau! Wish other Canadians would stand up to the worst P.M. we have ever had!

your a real clown smith

'investment' oligarch you mean and we're fine with that

Who owns you?

Rogue politician, she will be gone by next year.

And, after all, money is all that matters, eh?

“WILL” not could

Trudeau has already done that with his Bill C-48 and Bill C-69 . And now the Trudeau government wants to cap Alberta's Oil & Gas Sector , The Number One Revenue Generator For Canada's Economy.

Where was the Chamber when the feds attacked the oil and gas industry?

But it won't. Investors want good returns. They want solid, decisive decisions that come with a backbone.

Pravda herald

More NOTley world economic forum propaganda programming

Seems like a risky strategy from an unelected premier about to face the voting public in a few months. Sure she may win over the hardcore separatists but I doubt there are enough of them to keep the UCP in power. I guess we'll see on May 29th.

UCP is already so comfortable intimidating and using govt to harass private entities, and it's just getting started. They were always a profoundly anti-capitalist movement embodying Might Makes Right. Longer term, economies never flourish under Might Makes Right.

Cheerleaders for everything that is bad for independent working people and good for public sector parasites. Objective is increasing dependence on collectivism and the taxes necessary to support it.

Y'all do propaganda so poorly.

Also the chamber of commerce

Perhaps Calgarians can vote something else than blue then? Oh, it is blue, must vote Conservative like we always have right?👺

I think the NDP already did that. Remember she lost 250,000,000,000$ of investment and over 150,000 jobs.

Any more that’s all-already been driven out ! Think about it we have the largest oil reserves in the world ! Yep, we are not the third largest provider of oil and gas for the world. Canada doesn’t even supply its own needs completely. We have 300 years of natural grass reserve.

And it will. Can someone point out to her what happened to Quebec ?not only companies, but people left just as the young will leave Alberta.

Quanielle has a serious case of stupid RBF….

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 64. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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 »