Canada Tories to follow tax-cut, pro-business agenda

Jeffrey Jones and Janet Guttsman
Reuters
via Yahoo! News Canada
3 May 2011

CALGARY/OTTAWA (Reuters) – Canadian Prime Minister Stephen Harper, now backed by a powerful parliamentary majority, said on Tuesday the energy sector can rest easy that his government will not impede plans to vastly expand the country’s oil sands output and ship some of the crude to Asia.

Harper, in his Western Canadian home base of Calgary on the morning after his Conservatives won big in the federal election, singled out the Western-based oil industry as being a beneficiary of his party’s pro-business agenda, which will also include corporate tax cuts and deficit reduction. Investors greeted the result with relief.

“There were a lot of policies being quoted by the other parties, whether it’s on West Coast transportation or the energy sector, that simply did not reflect the needs and concerns of this part of the country,” he told reporters.

“I actually argued during the campaign that the policies of our opponents were actually quite dangerous to the country as a whole, but obviously some specific policies seemed to be almost targeted to do damage to Western Canada.”

The Conservatives won 167 of 308 seats in the House of Commons in Monday’s vote, giving Harper a third mandate since 2006 and his first majority. Until now, the Conservatives’ minority-government status has meant they had to compromise with other parties on many policies.

The article continues at Yahoo! News.

Related: The opposition to the conservatives’ victory in Canada: “armed demonstrations might be the way to go.”

Update: We thought this graphic at Blazing Cat Fur would help our American readers understand the significance of this election.

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