CAPP says UCP government could have positive benefits for oil and gas industry
TORONTO, ONT. — The Canadian Association of Petroleum Producers (CAPP) is welcoming the news of a United Conservative Party government in Alberta, and is hopeful their election will have a positive impact on the oil and gas industry.
“We think there is great opportunity to drive further investment in Alberta, and to become the global supplier of choice,” said CAPP President and CEO Tim McMillan during a press conference in Toronto Wednesday morning. “Last night’s election in Alberta elected the United Conservative Party, and certainly in the campaign, the people of Alberta were very clear that this election was about the economy, about energy, and about investment and jobs. We think the energy sector can play a unique role in enabling Alberta to regain, and to reset it’s position as an investment jurisdiction.
Leading up to the election, CAPP released a platform emphasizing the issues it wanted from a provincial government, including increased market access and regulatory changes.
McMillan says Premier-Designate Jason Kenney sent a strong message during his victory speech Tuesday evening, telling investors that the focus for the province going forward is creating jobs and attracting investment.