Business · Economy · 7 hrs ago
Capital Power CEO urges Alberta voters to remain in Canada
Capital Power CEO Avik Dey is urging Alberta business leaders to support staying in Canada.
Alberta voters are due to decide on 10 questions on Oct.
19, including whether the province should remain in Canada.
A “yes” answer means staying, while a “no” answer would lead to a future separation referendum.
Dey says Alberta can press Ottawa for better market access and clearer regulation without leaving Canada.
He argues that uncertainty over separation could cause investors to delay projects or look elsewhere.
The Calgary Chamber of Commerce estimates that nearly 900,000 Alberta workers are in sectors significantly exposed to trade.
It also says a decline in investment on the scale of Brexit could cost Alberta as much as $15-billion in one year.
Capital Power CEO Avik Dey is urging Alberta voters to choose to remain in Canada in a provincial vote on Oct. 19.
The vote includes 10 questions, with Question 10 asking whether Alberta should remain in Canada.
Dey says staying in Canada would support business certainty and investment in Alberta.
He argues Alberta businesses depend on markets, workers, supply chains, financing and infrastructure across Canada and globally.
The Calgary Chamber of Commerce estimates that a Brexit-scale decline in investment could cost Alberta as much as $15-billion in one year.
- Who
- Avik Dey, president and CEO of Edmonton-based Capital Power, is urging Albertans to vote to remain in Canada.
- What
- He says staying in Canada is the best option for Alberta businesses.
- When
- The provincial vote is scheduled for Oct. 19.
- Where
- Alberta, Canada.
- Why
- Dey says separation-related uncertainty could deter investment and make it harder to attract workers for major projects.
This story does not have two clearly opposing sides.
Dey was asked what Alberta separating from Canada would mean for his business.
The Globe and Mail published Dey’s argument that Alberta businesses would be better off staying in Canada.
Alberta voters are scheduled to vote on 10 questions, including whether Alberta should remain in Canada.
- CEO
- Avik Dey
- Company
- Capital Power
- Vote date
- Oct. 19
- Number of questions
- 10
- Question 10
- Whether Alberta should remain in Canada
- Potential investment cost
- Up to $15-billion in one year under a Brexit-scale decline in investment, according to the Calgary Chamber of Commerce
What people are saying
A united Alberta results in a stronger Canada. Period.
We should remain in Canada.
Sources
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