Brad Wall’s invitation to Calgary energy companies to relocate to Saskatchewan is a “political move” that will be a tough sell among firms with deeply entrenched local roots, the president and CEO of Calgary Economic Development said Wednesday.
Still, Mary Moran said she is taking news that the Saskatchewan premier has been reaching out to Calgary oil and gas producers “very, very seriously,” adding that retaining the city’s grip on its head offices in the midst of an economic downturn needs to be a priority.
“Yes, we should be worried about this,” Moran said of Wall’s letter dated Monday to Calgary-based Whitecap Resources offering to subsidize relocation costs, trim taxes and royalties, and help find space in unused government buildings if the oil and gas firm moves to Saskatchewan. “The disappointing part for me is . . . we’d be far better served to work as a region to take on the world than by being myopic and having fights between provinces. We’ve got a global battle to wage here.”
Moran said it’s no secret the Saskatchewan premier — who has been publicly bickering with Alberta premier Rachel Notley over the two province’s budgets — has been pitching his province as a better destination than Alberta for energy companies. In his letter to Whitecap, provided to The Canadian Press, Wall cites reductions to corporate and personal income taxes promised in his recent provincial budget as further…
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