CONFIDENCE IN CANADA’S ECONOMY IS AT RISK

Send a message to the governments of BC, Alberta and Canada to come together and solve Canada’s economic confidence crisis

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WHAT'S AT STAKE FOR OUR COUNTRY?

As a result of the uncertainty created by the Government of British Columbia, Kinder Morgan announced their intention to suspend all non-essential spending on the federally and provincially approved Trans Mountain Pipeline.

This is no longer an issue about whether a pipeline should be built. It’s an issue of whether or not businesses – large or small, across our economy – can invest with confidence knowing the rules won’t change after the fact.

At stake is more than a pipeline project.

Family-supporting jobs and small business, billions in new tax revenues for schools and hospitals, and ultimately Canada’s global reputation as a country for safe and secure investment is at serious risk.

HELP US SEND THE GOVERNMENTS OF BC, ALBERTA AND CANADA A MESSAGE

TO:

The Right Honourable Justin Trudeau and Cabinet
The Honourable John Horgan and Cabinet
The Honourable Rachel Notley and Cabinet

As a proud Canadian, I am concerned we are at risk of losing Confidence in Canada’s reputation as a welcome place for investment and job creation. The impasse on the Trans Mountain pipeline expansion project is about more than a single project. It is about whether or not businesses – large or small, across our economy – can invest with confidence knowing the rules won’t change after the fact.

It’s deeply concerning that the Trans Mountain pipeline project, a project that has gone through rigorous reviews over more than four years, is now in this situation after being given a green-light to proceed. I am calling upon all of you, as our elected leadership, to come together to resolve this issue and move forward with this federally and provincially approved project that is in the national interest.

At stake is more than a pipeline project. Family-supporting jobs and small businesses, billions in new tax revenues for schools and hospitals, and ultimately Canada’s global reputation as a country for safe and secure investment is at serious risk.

The time to act is now so we do not jeopardize Confidence in Canada.

Sincerely,

[ YOUR NAME ]

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Confidence in Canada: News

Confidence In Canada remains in question despite meeting between Prime Minister, Premiers

April 15, 2018 (Vancouver, BC) – Today, the Government of Canada announced it will assert federal jurisdiction through pending legislation and begin discussions with Kinder Morgan on the financial framework for a potential taxpayer-funded investment in the Trans Mountain Expansion Project to mitigate the risk created by the BC Government’s continued opposition to the project.

“This is a direct consequence of the BC government’s failure to respect the rule of law and support stability for investors who enter rigorous government processes established to advance projects in the provincial and national interest,” said Greg D’Avignon, President and CEO, Business Council of British Columbia. “Today’s outcome, while appearing to offer some hope of remedy for the pipeline, does not address the larger issue of our competitiveness and the real-time flight of capital occurring in our country and province, despite the myriad of opportunities for Canada to succeed in the global economy.”

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MAJOR BUSINESS GROUPS WARN CONFIDENCE IN CANADA AT RISK READ THE 78-SIGNATURE OPEN LETTER

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This decision will also directly impact British Columbian families whose livelihoods depend upon well-paying jobs in the construction and energy sectors. It puts at risk over 45 First Nations' ability to more fully participate in the economy and erodes collaboration across our federation on everything from the sustainable funding of transit and daycare to infrastructure development.
– Greg D’AvignonPresident and CEO of the Business Council of BC

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Enough is enough. It’s time to reinforce investor confidence in Canada. Ensuring the Trans Mountain pipeline expansion project gets completed will send the right signal. If we don’t send that signal quickly we risk eroding – perhaps irreparably – our provincial and national brand as a place worth investing in.
– Val LitwinPresident and CEO, BC Chamber of Commerce

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This is about more than a pipeline. This is about our national economy, the cohesiveness of our country, and the ability for us to think — and act — in the best interest of all Canadians. That’s why we are calling on the B.C. Government to ‘stand down’ on its tactics to further delay this project, and calling on the Canadian Government to ‘stand up,’ to assert that this project is in the national interest, and put a halt to the uncertainty that threatens to undermine our federation. The rest of the world is watching.
Iain BlackPresident and CEO, Greater Vancouver Board of Trade

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Whether a business is big or small, it’s important to have confidence that governments at all levels will respect the laws of this country. Creating mayhem and mischief with respect to a project that has been approved is clearly at odds with this and puts our economic security at risk. It can’t be allowed to stand.
– Laura JonesExecutive Vice-President and Chief Strategic Officer of the Canadian Federation of Independent Business

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To attract the investment required for mining projects, investors require certainty. Mining is a capital-intensive industry, where it can take multiple years to move a project from development to operation. A lack of investor confidence in the federal and provincial regulatory processes creates detrimental uncertainty for our industry and our ability to sustain the jobs of today and, importantly, create the opportunities of tomorrow. Regulatory predictability, consistency and coordination is absolutely paramount to the future of the BC mining industry.
– Bryan CoxPresident and CEO, Mining Association of BC

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Canada’s energy sector is on its knees. Companies investing billions of dollars in our economy are vilified at nearly every turn. As a result, Canada’s energy sector is being hollowed out – Canada is losing investment, jobs and talent. Hundreds of communities, thousands of companies and the quarter-million men and women working in construction in BC will be hurt by this flagrant disregard for the rule of law – we must build this pipeline and support the jobs and opportunities that come with it.
– Chris GardnerIndependent Contractors and Businesses Association