Alberta says the 16 billion aid package wont fix the problem

first_imgThe federal package includes a billion dollars for oil and gas companies to make capital investments and purchase new technology.There is also cash for smaller oil and gas companies and for clean growth and infrastructure projects.Tim McMillan, CEO of the Canadian Association of Petroleum Producers, says the industry didn’t ask for the aid package.He says federal legislation needs to be redrawn that would change how energy projects are approved because it is scaring away investment.McMillan says the industry would also like the Ottawa to express support for two cancelled pipelines, the Northern Gateway and Energy East.I support every oil & gas worker, Albertan, everyone who’s rallying to stand up for your job & Alberta’s future.But to those who think it’s a chance to push hate & racism, I urge you to stop. You’re undercutting your neighbours & our cause.We’re stronger when we stand together.— Rachel Notley (@RachelNotley) December 19, 2018 CALGARY, A.B. – The Alberta government and the energy industry say Ottawa’s 1.6 billion-dollar aid package will not fix the problem hurting the ailing oilpatch.Premier Rachel Notley says the industry is facing low prices because it can’t ship enough oil to foreign markets.She says the federal government needs to focus on uncorking the pipeline bottleneck that is hurting corporations and the province.last_img

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