Bill C-69 will likely make Alberta even less attractive to investment.
alberta energy policy
The bill says review committees must account for “any” scientific information and Indigenous knowledge.
Atlantic Canada had the highest incidence of energy poverty—20.6 per cent of households.
Prior to the Notley government tax changes, Alberta’s corporate tax rate was the lowest in Canada.
The U.S. advantage over Canada is not surprising in light of recent U.S. tax cuts and deregulation.
Non-market considerations will play a larger role in determining what the private energy sector can do.
Over the last few years, GHG emissions from the oilsands have comprised less than 0.15 per cent of global emissions.
Trying to stimulate other sectors of the economy so their increased output will balance off the loss in energy will simply build in future problems of maladjustment in these industries.