The Alberta government is currently fighting attempts by the federal Tories to force a National Securities Regulator on Alberta. Every once in a while, the Official Opposition must stand with the government. This is one of those times.
Alberta’s provincial securities industry made it possible for our oil and gas sector to help transform our province into one of the most prosperous jurisdictions in the world. And the presence of the Calgary Stock Exchange and local bankers who understand local investment opportunities continues to help Alberta’s entrepreneurs build a prosperous future.
Forcing a national securities regulator on Alberta threatens that future. Forcing Alberta startups to go hat in hand to Toronto for venture capital isn’t the way Albertans want to do business, and we support Finance Minister Ted Morton’s attempt to protect Alberta’s interests. Ted and I may not have much in common, but on this we can agree: standing up for Alberta is the duty of all our leaders, regardless of party affiliation.