Jason Kenney used his first major speech as Alberta’s Premier to try to convince Bay Street that what’s good for Alberta is good for all of Canada — a message that appeared to land on receptive ears.
“I was frankly blown away by the response,” he said in an interview following the speech, adding that he has already heard that some capital spending and real estate decisions being “unfrozen” in the wake of the election victory of his United Conservative Party last month. “We think simply scoring carbon output is far too narrow a criteria for investors or public policy,” Kenney told the Financial Post, adding that he believes not enough weight is being given to social impacts such as labour rights, human rights and indigenous rights, as well as environmental impacts beyond emissions.
HSBC, which has a Canadian unit, has pledged to continue doing business in Canada in the face of Kenney’s attacks. The Alberta Premier told the Financial Post he doesn’t think he has to worry about a similar fight with Canada’s large domestic banks. “I’m pushing on an open door” with Ford, Kenney said after it was reported that Ford called him a “great ally.”
I wonder why!
Alberta is the provincial version of Blackberry. The phone market was lucrative while it lasted BB’s competitors diversified and grew marketshare,they didn’t. Watching their business empire slowly collapse while everyone else thrives They could see the future but couldn’t stop it
Not just Bay Street. We are all wishing for prosperity once again.
what industries will go to Alberta when Kenney isn’t pushing expansion of industries outside oil and gas