“Any change, until it’s resolved, creates uncertainty and investors look for returns in exchange for risk — and risk is another word for predictability,” said Brian Boulanger, chief executive of Calgary-based ARC Financial Corp.Article contentOn Wednesday, Calgary Chamber of Commerce CEO Deborah Yedlin said she’sOther groups and business leaders aren’t so concerned.
The province has successfully attracted a number of large-scale petrochemical investments in the past 24 months through its new incentive program, although most still need the final green light from proponents.Article content “The sovereignty act, on the surface, it looks like it’s targeted at public-sector entities more than the private sector, but there’s some truth to what the chamber says, that if you’re outside looking in, it looks confusing and it does create uncertainty,” he said.Article content
The Impact Assessment Act is widely viewed by the province and the oilpatch as a major impediment to building new energy infrastructure in the country.
ChrisVarcoe Oh gee surely you jest! Watching an interview with Ms. Castro herself she admitted/lied, same thing in her eyes, that she was fielding calls all day from business peeps who love her SA/power grab, and who support her 100%. Hmmm wonder what the real truth here is🧐🙄🤦♀️
ChrisVarcoe Literally got business from Quebexit
ChrisVarcoe Huge surprise. Check out the Canadian Chamber's list of directors. Lifetime federal hacks like President Perrin Beatty, and a host of lobbyist companies with direct ties to federal contracts like Bombardier and SNC-Lavalin:
ChrisVarcoe See Also: Brexit
ChrisVarcoe Thanks Pravda
ChrisVarcoe Justin Stalin starving the Ukraine
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: calgaryherald - 🏆 64. / 52 Read more »