Member of Legislative Assembly Report
By Tany Yao, MLA of Fort McMurray-Wood Buffalo
No man is an island. In our modern, global economy, the same can be said of our province.
Tiny Alberta, with our population of just 4.25 million, is blessed with the natural resources capable of providing food, heat, and power for hundreds of millions of people. Trading in these resources has enabled us to build a strong and prosperous home, a place where our children enjoy the opportunity to truly realize their potential. This is a rare gift, and not one to be taken for granted.
Unfortunately, it seems this is the path that Alberta’s NDP has chosen for our province. The Notley government is imposing a carbon tax and capping production in Alberta’s oilsands, while refusing to support the projects necessary to get our energy resources to world markets.
Contrary to the NDP’s claims, these unilateral commitments are not being matched outside of province.
Our leading trading partner, the United States, certainly embraces the potential of its resources. Under the Obama administration, investment in shale oil and gas has vastly increased. No small share of this oil is transported to global markets by Canadian trains to Canadian ports. Neither the Republican nor the Democratic Party candidate in the recent election advocated a carbon tax, and the President-elect has already announced his intention to fully support the development of America’s energy sector.
Like the U.S., China continues to increase production. The Chinese government, owners of the world’s largest economy, are constructing new electricity plants as quickly as possible; harnessing the power of coal at an unprecedented rate. India finds itself in a similar position, while Russia looks to increase exports of the oil and natural gas that power much of the industrialized world.
Meanwhile, if you’re looking to middle-eastern nations like Iran to “leave it in the ground,” think again. Iranian oil exports have tripled over the past year.
Australia abandoned its carbon tax, while the French government is dropping plans to introduce a carbon tax. Even the province of Ontario has cancelled plans to subsidize future green electricity generation.
These jurisdictions obviously recognize something that Alberta’s NDP do not.
Resource development means jobs and economic growth. These are not minimum wage jobs; these are high paying, full-time, private sector jobs for company employees, unionized workers, and self-employed contractors.
Resource development means more affordable food, shelter, heat, and fuel for customers. Meeting these basic needs helps lift people from poverty, and provides the kind of disposable income necessary to help middle class citizens who have struggled in recent years.
Resource development means billions in tax revenue for municipal, provincial, and federal governments. This means better education and better healthcare for all. Resource development can also help our society fulfill commitments to our seniors, allowing us to meet pension obligations and provide an improved quality of life for the elderly.
China, Russia, the United States, and all of the other major global powers understand the necessity of resource development, as well as the very real cost of failing to realize their potential.
By capping the oilsands and imposing a punitive carbon tax, the Alberta NDP is out of step with both our energy customers and our global competitors. But what is worse, these policies actively forestall the realization of Alberta’s potential.
Fortunately, here in the real world we recognize the truth: Alberta is not an island.
Tany Yao is the Wildrose Caucus Chair and Member of Legislative for Fort McMurray-Wood Buffalo. Yao can be reached by email at email@example.com or by phone at 780-790-6014.
– Connect Weekly –