Ottawa preparing a financial package that would help dull the pain if it blocks the project, Reuters reported Thursday
OTTAWA — Officials from the energy-rich province of Alberta on Friday insisted the federal government approve a massive oilsands project, rejecting the idea that aid from Ottawa would soften the blow if it were to be quashed.
“We’re not looking for a handout from the federal government, we’re looking for the federal government to get out of the way of our province,” Alberta’s Environment Minister Jason Nixon told reporters in Calgary. Alberta Premier Jason Kenney said Teck had spent close to $1 billion over a decade as it cleared a series of regulatory hurdles. A rejection now would show global capital markets that major projects could obey all the rules and still fall afoul of what he called an arbitrary political decision, he said.
Alberta sits on the world’s third-largest proven reserves of crude, most of it in the form of thick bitumen-like deposits that require intensive use of energy to exploit.Unhappiness with the government’s energy and pipeline policy cost Trudeau’s Liberals all their Alberta seats in October 2019 elections.
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