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Our Response to the Implementation Agreement Between the Governments of Canada and Alberta
Canada has a once-in-a-generation opportunity to lead in global markets and provide the energy, resources and innovation the world needs at a time of unprecedented geopolitical and economic upheaval.
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Today’s historic agreement between the Government of Canada and the Government of Alberta puts politics aside for progress. When we feud within the federation, we send the message that investors should pursue business opportunities elsewhere. When we unite, we invite investment back.
This agreement delivers long-term certainty for industry based on jurisdictional alignment on industrial carbon pricing, backstopped by government guarantees in the form of contracts for difference.
With that certainty now established to help unlock private sector investment, Canada must turn its attention to the broader competitiveness of its economy. That means advancing one-project one-review, reducing red tape, pursuing regulatory and tax reform, and getting businesses focused less on paperwork and more on growing, investing and competing on the world stage.
Canada has a once-in-a-generation opportunity to lead in global markets and provide the energy, resources and innovation the world needs at a time of unprecedented geopolitical and economic upheaval. The decisions we make over the next 12 months could shape Canada’s economy for the next 50 years.
- Candace Laing, President and CEO, Canadian Chamber of Commerce
About the Canadian Chamber of Commerce — The Future of Business Success
The Canadian Chamber of Commerce is Canada’s largest and most activated business network — representing over 400 chambers of commerce and boards of trade and more than 200,000 business of all sizes, from all sectors of the economy and from every part of the country — working to create the conditions for our collective success. The Canadian Chamber of Commerce is the undisputed champion and catalyst for the future of business success. From working with government on economy-friendly policy to providing services that inform commerce and enable trade, we give each of our members more of what they need to succeed: insight into markets, competitors and trends, influence over the decisions and policies that drive business success, and impact on business and economic performance.
Media Contact
Shane Mackenzie
Vice President, Media and Stakeholder Communications
613.302.7683
smackenzie@chamber.ca
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