Premier, Ed Stelmach - Words from our Alberta Premier.
Canada is going through a painful time right now, with a crisis in global financial markets and a slowdown in international trade having a significant impact on our export-driven economy. All of this underlines just how important it is - now more than ever - that Canadians work together for a strong recovery. I have no doubt we will recover but in the meantime there is only one major reliable source of increased jobs, investment and government revenue in Canada - and that is Alberta’s energy sector. There are many suggestions to stimulate a return to economic growth across North America, but all depend on accessible, reliable energy.
A reliable, stable supply of energy will help moderate the cost of living and the cost of doing business during this difficult time. In fact, no North American economic recovery is possible without it. Alberta is in a unique position to help on both counts. We are a reliable, secure supplier of energy, and thanks to the potential of our oil sands we can substantially increase the supply. That will lead to a stable, more affordable price for consumers. Oil sands development may be confined to Alberta but it’s economic impact benefits all Canadians.
Alberta’s energy resources are an advantage for our country - attracting continued investment and creating desperately needed jobs. And we will develop those resources responsibly, to help us through today and to ensure a prosperous tomorrow.
* excerpt taken from the Edmonton Commerce News - December 8, 2008 available at Edmonton Commerce News