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Canadian Natural Resources Ltd
Symbol CNQ
Shares Issued 1,184,355,541
Close 2019-11-12 C$ 37.03
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Globe says Husky, rivals hear Moe short on solutions

2019-11-13 07:37 ET - In the News

See In the News (C-HSE) Husky Energy Inc

The Globe and Mail reports in its Wednesday edition that Saskatchewan Premier Scott Moe says Saskatchewan is so annoyed at Ottawa it is going to announce steps to increase its autonomy, including sending trade officers to foreign countries. The Globe's Campbell Clark writes that Mr. Moe, like Alberta Premier Jason Kenney, is coming up with ways to do things Ottawa does, as if that helps their cause. Mr. Kenney has floated ideas such as creating an Alberta tax agency. The Mr. Moe demanded that Prime Minister Justin Trudeau put the federal carbon tax on hold at a meeting on Tuesday. He also called for Ottawa to revamp equalization payments. Then he walked out, saying the PM was not willing to commit to anything. So Mr. Moe is going to increase Saskatchewan's autonomy. The Globe says Mr. Moe is not offering a solution to the problem that is frustrating people in Alberta and Saskatchewan. Mr. Kenney and Mr. Moe are vowing withdrawal from Canadian institutions and arrangements. However, none of that will make it easier to get oil to markets. Mr. Kenney and Mr. Moe are trying to make a point by making a threat that they will oppose equalization if the rest of the country does not address the oil patch's struggles.

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