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Alberta energy minister to tout oil and trade in North Dakota

Alberta Energy Minister Margaret McCuaig-Boyd is sworn into office in Edmonton on May 24, 2015. Photo by The Canadian Press

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Alberta Energy Minister Margaret McCuaig-Boyd is heading south to promote the province's slumping oil and gas industry.

During a three-day visit to the United States this week, she will meet politicians and industry stakeholders to champion Alberta's energy policies, and talk about the importance of trade, cooperation and pan-continental energy security.

In North Dakota, the minister will meet members of the Energy Council, a group of state legislators mostly from energy-producing and refining states, along with North Dakota Governor Doug Burgum, Senator John Hoeven, North Dakota Senate Majority Leader Rich Wardner, and the chair of the Senate Energy Committee, Jessica Unruh.

According to the Alberta Ministry of Energy, more than 12,000 jobs exist in Alberta and North Dakota as a result of trade between the two jurisdictions, just over half of which are in the Prairie province.

“We have a long history of working together with the United States in a way that’s beneficial to both countries,” said McCuaig-Boyd said a Wednesday press statement, released ahead of her Thursday departure. "I’m looking forward to strengthening our important energy relationship, which provides good jobs for thousands of families and helps grow the economy on both sides of the border.”

Under current North American Free Trade Agreement rules, Canadian oil can be shipped into America without import fees, along with dozens of other goods covered under the 23-year-old agreement. That arrangement is now up in the air President Donald Trump reopens NAFTA negotiations and raises the possibility of imposing a border adjustment tax on Canadian energy.

This could have a major impact on Alberta’s economy and beyond. According to Statistics Canada, in 2014, about 130,000 people were employed in Alberta’s energy sector. Thousands have been laid off in the years since then, as global oil prices fluctuate and pressure mounts to reduce reliance on fossil fuels.

In December, Alberta will host an Energy Council meeting in Banff and about 200 U.S. legislators are expected to attend.

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