'We have to be bold': Saskatchewan, Alberta premiers on energy and restoring investor confidence
Moe said he's 'cautiously optimistic,' a shift from pessimism during the past several years under former prime minister Justin Trudeau.
'There are some comments from this prime minister that I truly think we can get behind,' said Moe.
Smith noted the importance of Alberta's exports to the U.S. and elsewhere. Oil from the province goes to 55 refineries in the U.S., 20 of which are 100 per cent reliant on Canadian oil. In addition, Alberta supplies almost 60 per cent of crude imports to the U.S. and more than 8.6 billion cubic feet of natural gas daily, according to Smith.
According to ATB Economics, more than 88 per cent of Alberta's exports were to the U.S. last year, nearly the same as in 2023. For 2024, energy products accounted for 82 per cent of the province's exports to the U.S.
'Our province is already a cornerstone of North American energy security — whether (the) U.S. president will admit it or not, we are critical to the United States' supply,' said Smith.
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