Canadian Prime Minister Stephen Harper turned two minority election victories since 2006 into a clear-cut majority win May 2, giving him the freedom to govern unchallenged for four years and, if he chooses, open the door to Canada’s first offshore oil and natural gas exports, climate change legislation, a national energy strategy and increased resource sector takeovers by foreign state owned companies.
Harper wasted no time telling reporters May 3 that Western Canada, whose economies rely heavily on oil, natural gas and mineral resources, can “breathe a lot easier.” He said NDP and Liberal policies calling for a ban on crude oil and LNG tankers off the northern British Columbia coast and a cap-and-trade emissions-reduction plan “were pretty seriously threatening” to Western Canada. “It’s a great thing those policies won’t be coming to fruition,” Harper promised.
Harper’s victory margin encouraging for offshore energy?
May 4, 2011 by offshoreenergy
Leave a Reply