New Provincial Government Proclaims Preserving Canada’s Economic Prosperity Act

The newly sworn in provincial government proclaimed the Preserving Canada's Economic Prosperity Act, or Bill 12, which gives Alberta powers to restrict the export of natural gas, crude oil and refined fuels across its borders. If used, this legislation would require any company exporting petroleum products from Alberta to acquire a license to do so, and would impose fines of up to $10 million per day for contravening the act. Read the press release from the Government of Alberta. Watch the Premier Kenney's news conference.