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Varcoe: Alberta premier 'open to conversations' on stimulating investment in new oilsands projects If this was a poker game, the stakes are large and the next few hands will be essential in the coming weeks

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22.05.2026

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Varcoe: Alberta premier 'open to conversations' on stimulating investment in new oilsands projects

If this was a poker game, the stakes are large and the next few hands will be essential in the coming weeks

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It was almost 30 years ago when Jean Chretien’s federal government reached a historic understanding with Ralph Klein’s Alberta government and the Canadian energy industry to ignite a wave of investment in the oilsands.

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Will history repeat itself in 2026?

In the wake of last week’s energy agreement between the provincial and federal governments on increasing Alberta’s industrial carbon price, Premier Danielle Smith indicated Thursday she’s willing to talk with industry about finding ways to stimulate investment in new oilsands........

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