The Motley Fool Discussion Boards

Previous Page

Canadian Investing / Canada (General)


Subject:  National Energy Strategy? Date:  9/10/2012  9:03 AM
Author:  tim443 Number:  63021 of 64613

The current nonsense over a land locked Alberta unable to get it's product to a global market strongly suggests we need some sort of national energy policy. Unfortunately the mere combination of the words is politically sensitive?


Federal-provincial energy ministers to skirt talk of a national strategy

By Heather Scoffield, The Canadian Press | The Canadian Press – 21 hours ago

OTTAWA - As federal and provincial energy ministers gather this week in Charlottetown, forging a national energy strategy is conspicuously absent from their agenda.

The topic was all the rage over the summer as business groups, environmentalists, aboriginal groups and most of the premiers — spearheaded by Alberta Premier Alison Redford — called on Canadian leaders to hash out a solid plan for handling the country's natural resources.


But the premiers' meeting in July ended with B.C. Premier Christy Clark refusing to talk about any of it until her demands on the Northern Gateway pipeline were recognized.


Alberta — the driving force behind the push for a national plan — will be in listening mode only, after a last-minute family issue forced Energy Minister Ken Hughes to stay home.


The phrase irks many people, Oliver said — a reference, presumably, to Western Canada's lingering bad memories of the National Energy Program of 1980, but also an echo of the federal government's famous disdain for grandiose national strategies of any kind.


And after speaking with both Redford and Clark frequently and recently about their differences and about their vision for energy exports, Oliver said there is plenty of common ground.


Indeed, Oliver said, every region of the country is caught up with the challenge of moving resources to market and diminishing their dependence on American buyers

In their July statement, however, the premiers — all but B.C.'s Clark — were more ambitious than that. They issued a list of common principles and said a national energy strategy was "urgent" because Canada is facing newfound demand for its commodities just as the pressure to deal with climate change soars.


"We're going to end up with some kind of bromide: 'we all want the energy sector to grow.'"

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us