Alberta premier says she likes Ottawa’s speedy plan for infrastructure project approvals
Alberta Premier Danielle Smith has expressed her support for the federal government’s initiative to streamline the approval process for major infrastructure projects. In an interview on Rosemary Barton Live, Smith praised Prime Minister Mark Carney’s efforts to reduce approval times from five years to two, stating that it demonstrates an acknowledgment of the need to improve the investment climate in Canada.
Carney’s One Canadian Economy Act aims to create a more efficient and resilient Canadian economy by implementing a “one-project, one-review” approach to project approvals. This legislation has been met with mixed reactions, with some critics raising concerns about its potential impact on Indigenous rights and environmental protections. Despite this, Carney and his government remain committed to accelerating the development of key infrastructure projects deemed to be in the national interest.
Smith has also called for substantial revisions to Bill C-69, also known as the Impact Assessment Act, which she believes contains ideological and difficult-to-measure requirements. She emphasized the importance of keeping pace with regulatory processes in other countries, such as the United States, to attract investment opportunities.
Intergovernmental Affairs Minister Dominic LeBlanc defended the One Canadian Economy Act, stating that it aligns with the Liberal government’s mandate to prioritize national projects and stimulate economic growth. LeBlanc highlighted the urgency of expediting project approvals in light of ongoing trade tensions with the United States.
As Canada prepares to host the G7 summit in Kananaskis, Alberta, discussions around infrastructure development and economic recovery are expected to take center stage. With meetings planned between Carney and world leaders such as U.S. President Donald Trump, Australian Prime Minister Anthony Albanese, and Japanese Prime Minister Shigeru Ishiba, the focus will be on fostering international cooperation and advancing shared economic objectives.
Overall, the government’s efforts to streamline project approvals and enhance investor confidence are key steps towards building a stronger and more competitive Canadian economy. By addressing regulatory challenges and promoting infrastructure development, Canada aims to position itself as a leading destination for investment and economic growth.