Braid: Federal memo shows heavy impact of 'just transition' on Alberta via calgaryherald
“When I saw the memo, I felt a pit in my stomach,” Smith said Monday morning. “It’s worse than I feared.”Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.
“‘Just transition’ isn’t about a transition at all,” said Smith. “It’s about eliminating entire sectors of our economy and hundreds of thousands of good Alberta jobs deemed too ‘dirty’ by elites in Ottawa.” It says, in detail: “The transition to a low-carbon economy will have an uneven impact across sectors, occupations and regions, and create significant labour market disruptions.This advertisement has not loaded yet, but your article continues below.That adds up to 13.5 per cent of Canada’s total workforce, in all parts of the country.
At stake is a full one-quarter of Alberta’s economy, with all the royalties, income taxes and other economic benefits that come from oil and gas, both for the province and the federal treasury.
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