Alberta CEOs in Ottawa to find common ground on energy, climate and economy

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The business leaders’ trip to Ottawa comes amid souring relations between Alberta’s UCP government and the federal Liberals

More than 50 Alberta CEOs, entrepreneurs and industry leaders are in Ottawa this week in an effort to raise the profile of their province and promote “collaboration” on issues related to energy, climate and the economy.

"I don't know the last time I ever recall this big a group of executives and companies coming to Ottawa," said Cenovus Energy executive chair Alex Pourbaix, a member of the delegation, in an interview from Ottawa Tuesday. Alberta Premier Danielle Smith has threatened to use the province's Sovereignty Act to challenge the federal government's clean electricity regulations. She also caused a national stir recently by detailing how the province could exit the Canada Pension Plan.

Alberta – which gets most of its electricity from natural gas-fired power plants – has objected to Ottawa's stated goal to get Canada to a net-zero electricity grid by 2035, arguing that time frame isn't achievable without putting reliability and affordability at risk. Pourbaix, for example, through his role with Cenovus, is heavily involved in the Pathways Alliance – a group of Alberta oil sands companies which has been lobbying the federal government for financial and policy support for a proposed massive carbon capture and storage network to help reduce emissions from Canada's oil industry.

Nicole Janssen, the co-founder of Edmonton-based artificial intelligence company AltaML, said while the province is known for its oil and gas industry, it also has emerging strengths in AI, biotechnology, low-carbon energy and more.

 

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