The Globe and Mail reports in its Saturday edition that at this year's Calgary Stampede, the improved fortunes of the energy sector are lifting spirits, though the uncertain political climate is preventing unbridled enthusiasm in the city's business community. The Globe's Jeffrey Jones and Emma Graney write that Calgary's oil patch is celebrating the first shipment of liquefied natural gas to sail across the Pacific from the West Coast, and the $34-billion Trans Mountain pipeline expansion has been in operation for more than a year. Mark Carney may not have been the first choice for Prime Minister for many in the industry, but he did declare that Canada should be an energy superpower. Then there is the whole Alberta separation threat thing and Premier Danielle Smith's "who me?" approach to the topic. Sovereignty is being pushed by a noisy minority. In some quarters of the business community, it is argued that it is precisely such talk that will hurt both Alberta and the country as a whole. "There's enough political uncertainty to spare. We don't need to generate our own," said Calgary Chamber of Commerce Deborah Yedlin. "It causes risk premiums to go up. This is not how we attract and grow investment in this province."
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