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Finance committee We speak to these companies on a fairly regular basis, and there is a deep commitment, especially among the oils sands operators, to achieve net zero by 2050 and to work with the federal government on that path. We're seeing a number of significant investments in the province, ma
May 19th, 2022Committee meeting
Michael Holden
Finance committee Thank you for the question. My understanding with those was that each of those cases required additional consultation with industry in order to help shape the design of those programs. To answer your question, I did not know that it was not in there, but it does not overly surpr
May 19th, 2022Committee meeting
Michael Holden
Finance committee That's a question that I would have to get back to you on. I don't specifically have an answer to it. I think from our perspective what we were looking for in this budget was that, being from Alberta, the largest source of Canada's emissions and a large contributor to the econo
May 19th, 2022Committee meeting
Michael Holden
Finance committee I believe we need to work as quickly as possible on this. The regulatory reforms and speeding up these approval processes are critical to meeting the ERP targets, which are only seven and a half years away. To answer your question, we have spoken to ministers Bibeau and Wilkinso
May 19th, 2022Committee meeting
Michael Holden
Finance committee This is a challenge for which we are in danger of underestimating the amount of investment that is required. I believe there's a line in budget 2022 that states that the level of investment needed to achieve Canada's climate targets is in the range of $125 billion to $140 billion
May 19th, 2022Committee meeting
Michael Holden
Finance committee Thank you for the question. I confess that I was not aware of that. In the time we had to prepare our comments, we focused on the issues that we were paying most attention to in the budget itself, rather than what was contained in Bill C-19 specifically.
May 19th, 2022Committee meeting
Michael Holden
Finance committee Thank you, Mr. Chair. The game was exciting, although I contend that we didn't get my desired result. I'm pleased to be here this afternoon on behalf of the Business Council of Alberta. We are a non-partisan, for-purpose organization, comprised of the province's largest-enterpr
May 19th, 2022Committee meeting
Michael Holden