Saskatchewan and Alberta are asking Prime Minister Justin Trudeau to do something about oil prices.
Premier Scott Moe and his Alberta Premier Rachel Notley have written and signed off on an open letter to Trudeau, calling on him to add the oil price differential to the upcoming First Ministers Meeting in Montreal.
In the correspondence, they note nothing is in the meeting agenda regarding the crisis faced by the energy industry, as well as the price differential currently crippling the Albertan, Saskatchewan and Canadian economies. It goes on to say we trust the agenda for our upcoming First Ministers’ Meeting can be revised to better reflect the need for a substantive discussion on issues of critical importance to the Canadian economy.
A statement from the Prime Minister’s Office said those issues will be discussed under agenda items like job creation, trade diversification and competitiveness.
“The first ministers meeting will be an important opportunity for the prime minister and premiers to discuss how we can create jobs and economic growth that benefit everyone across the country in all sectors,” the statement said.
“In particular, the conversations will focus on trade diversification, competitiveness, and how climate change and clean energy initiatives drive growth and job creation.”
On Sunday, Notley announced Alberta will temporarily curtail oil production starting in January by 325,000 barrels per day in an attempt to reduce a supply glut and get a better price for Canadian crude.
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Following Monday’s sitting of the Legislature, Moe commented on the matter. While understanding what Notley is doing, Saskatchewan will not be pursuing the same course of action, as through consultation with industry, they don’t believe it will be effective.
(with files from Mitchell Blair and David Boles)