Former Bank of Canada governor David Dodge warns of economic damage from Alberta sovereignty act ableg abpoli
to direct provincial agencies to act against federal laws it considers unconstitutional or harmful and is expected to pass debate in the legislature Wednesday evening.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.
“Whatever precise form that legislation eventually takes, the tabling itself creates a strong impression that investors will not be able to rely on due process in the application of federal and provincial law in the future, and lacking confidence in the future application of law in Alberta, investors then would look elsewhere,” said Dodge.Article content
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Former Bank of Canada governor David Dodge warns of economic damage from Alberta sovereignty actFormer Bank of Canada governor David Dodge is making a last\u002Dditch attempt to convince Premier Danielle Smith her flagship bill will chase away investment.
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Alberta’s sovereignty act could scare off investors, warns former Bank of Canada governorDavid Dodge argues bill would undermine confidence in the rule of law in Alberta
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Posthaste: What the Bank of Canada hike will mean for mortgage borrowersIf the Bank of Canada raises its rate by 50 bps, prime rates are expected to rise to 6.45 per cent. Read more
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