Volatile oil and gas prices will force province to hold the line on spending, finance minister Horner says.
Premier Redford says the smaller board will sharpen Alberta’s focus on diversifying its economy and expanding into new markets.
The deal removes the prospect of Alberta holding BC’s growing natural gas business hostage.
Doug Griffiths says he was using Alberta as an example that any economy that puts its eggs in one basket is asking for trouble.
They will publicly discuss the progress of the joint energy plan on Nov. 5. A final report is due on Dec. 31.
TransCanada says the project could begin shipping as much as 850,000 barrels of oil per day in late 2017.
Premier stresses Albert’a $15 per tonne carbon tax won’t meet 12% intensity reduction target.
Alberta taxes heavy emitters $15 a tonne above greenhouse gas emission intensity limit; uses that cash to fund green initiatives.
Maritime pipeline would give Alberta bitumen access to markets other than the US.
Alberta, Quebec have agreed to explore the benefits of pumping oil sands crude to Quebec.
BC and Alberta premiers resume pipeline talks, but claim to have very little progress.
Lawyer reminded that environmental disaster preparedness will be dealt with at upcoming hearings in BC.
Canada can no longer depend on the US to absorb excess natural gas supplies.
Alberta premier says BC won’t get a bigger piece of the pipeline royalty pie.
Newly-elected First Nation’s assembly leader will meet with premiers this week to talk national energy plan.