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Alberta's Possible Pivot to the Left Alarms Canadian Oil Sector

2015-05-05 15:07:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Canada's oil-rich province of Alberta is on the cusp of electing a left-wing government that can make life harder for the energy industry with its plans to raise taxes, end support for key pipeline projects and seek a bigger cut of oil revenues. Polls suggest Tuesday's election is set to end the Conservative's 44-year reign in the province that boasts the world's third-largest proven oil reserves and now faces recession because of the slide in crude prices. Surveys have proven wrong in Canadian...

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