An Alberta Pension Plan has merit - but not as a source of fresh capital for the energy sector - 2019-11-27
Desperate times call for desperate measures, and that might be what Jason Kenney's government has in mind when it comes to supporting the energy sector. Yes, it's already invested in a $30-million war room and a public inquiry that will investigate its critics. But the biggest investment of all may be yet to come: your pension dollars.
That's one of the concerns that's been raised about Bill 22, the omnibus legislation that was rushed into law while the premier was down in Texas drumming up investment for the oilpatch.
It's been most vocally criticized for its impact on the investigation into the 2017 UCP leadership race, one that has already resulted in more than $200,000 in fines.