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Freeland, Premier Danielle Smith announce new Dow investment in Alberta | FULL

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Alberta Premier Danielle Smith and federal Finance Minister Chrystia Freeland announced a new investment by Dow into the province’s Industrial Heartland on Wednesday. Both government officials will be joined by Jim Fitterling, chair and CEO of Dow.

This comes after Smith invoked the Alberta Sovereignty Within a United Canada Act on Monday, legislation the province has threatened to use to push back on Ottawa’s proposed clean energy regulations.

The federal government told reporters on Tuesday that it won’t take Alberta to court over the Sovereignty Act.

Both Alberta and Ottawa have been negotiating over the draft regulations, which will require provinces to net-zero their energy grids by 2035.

Smith has repeatedly said the province tried to work collaboratively with the federal government to make the province’s electricity grid net zero by 2050 instead. She said Ottawa’s target of 2035 is “unachievable” and will make electricity unaffordable for Albertans.

For more info, please go to https://globalnews.ca/news/10123017/dow-investment-announcement-alberta/

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Category
U.S. & Canada
Tags
global news, alberta, canada
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