FOR IMMEDIATE RELEASE:
Petroleum Services Association of Canada recognizes
Premier Notley and the Government of Alberta for standing up for
Alberta’s energy industry
Calgary, Alberta (April 16, 2018) – The Petroleum Services Association of Canada (PSAC) recognizes Premier Notley and the Government of Alberta for standing up for Alberta’s energy industry to ensure that the Trans Mountain Pipeline expansion gets built.
This is a crisis facing not only Alberta, but the whole country – a crisis that is about more than just a single pipeline project, rather it is a crisis in confidence that investors cannot rely on the rule of law in Canada for investment of their capital. “Future capital investment in this country is at stake with such uncertainty,” says Scott Van Vliet, PSAC Chair and founder and CEO of Environmental Refuelling Systems Inc.
Already, capital investment has been flowing south to the US and to other international markets – that means lost jobs for Albertans and Canadians, lost revenue for innovation and technology development, lost tax revenues for social programs, health care and education.
PSAC appreciates that Premier Notley is taking steps to ensure the pipeline proceeds – touring the country to promote the benefits to all Canadians and insisting that Prime Minister Trudeau ‘step-up’. We also understand the frustration for the impasse we have reached in moving this project forward and therefore, the introduction of Bill 12 by the Alberta government earlier today. “However, it is our hope that today’s legislation will not be necessary. We trust that cooler heads will prevail as a trade war has the unintended consequences of hurting businesses and families irrespective of provincial borders,” says Tom Whalen, President of PSAC.
We hope that British Columbians, the majority of whom support this pipeline expansion, will make their voices heard to Premier Horgan, sending a clear message to stop the blockade of this vital project – this pipeline must be built.
The Petroleum Services Association of Canada is the national trade association representing the service, supply and manufacturing sectors within the upstream petroleum industry. As the voice of Canada’s petroleum service, supply and manufacturing sector, PSAC advocates for its members to enable the continued innovation, technological advancement and in-the-field experience they supply to Canada’s energy explorers and producers, helping to increase efficiency, improve safety and protect the environment.
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For more information, contact:
Tom Whalen, President and CEO
Petroleum Services Association of Canada (PSAC)