In a pair of open letters addressed to lawmakers, the group pushing for what it calls a better economic deal for the region says the Sept. 23 federal throne speech that’s to include a focus on environmental sustainability is a threat to western prosperity.
“The ‘Green Recovery’ plan promised by the West’s representative in cabinet, Finance Minister Chrystia Freeland, may be the undoing of our industries as we know it,” they state.
In recent months, oil and gas investors and industry underwriters have pulled back from Alberta’s oilsands, some of them citing what they call a lack of confidence in the province’s commitment to environmental sustainability and in projects’ economic viability in an era of low oil prices. The Buffalo Group’s Robinson insists the main reason for the energy industry’s woes are hostile federal policies.
Source: Western lawmakers must fight feds’ “green recovery:” Buffalo Project | Calgary Herald