Oil-Rich Alberta Votes to Stay in Canada in Historic Referendum
Oil-Rich Alberta Votes to Stay in Canada in Historic Referendum What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… Albertans have rejected a proposal to move toward a separation from Canada, according to early results of the referendum held on Monday, as voters gave the federal government a boost to national unity.
Residents of Canada’s oil province have voted to remain in Canada, CBC Newsprojectsbased on the early results with still more than half of the votes to be counted.
The results of the counted votes, however, show that than 76% of voters cast the vote that ‘Alberta should remain a province in Canada’ in the 10thquestion in the10-question referendum.
A total 23% of voters voted for the ‘referendum’ option under which “the Government of Alberta should commence the legal process required under the Canadian Constitution to hold a binding provincial referendum on whether or not Alberta should separate from Canada.” The early results showed an overwhelming support for Alberta to remain in Canada.
Following the announcement of the first results, Alberta’s Premier Danielle Smith said a ‘thank you’poston Instagram “I’m very pleased to see the initial results from Elections Alberta show widespread support for remaining in Canada.
Albertans have voted for a stronger Alberta in a united Canada.” Smith said she would address Albertans on Tuesday evening “to discuss the results of all referendum questions for which results are available, and where our province goes from here.” Canada’s federal Prime Minister Mark Carneysaidearly on Tuesday that “Albertans made a clear choice.
They chose unity, to build together, and to take care of each other.” Carney added, “Above all, Albertans chose Canada.” “Canada is so much greater than the sum of its parts,” Carney said, adding that “Canada is securing new trade partners around the world, fast-tracking major, nation-building projects in every part of the country, and unleashing our full potential as a global energy superpower with Alberta at its core.” Early this month, the federal government designated a new oil pipeline to the West Coast, which Canada and Alberta are advancing in partnership, a project of national interest, whichwould fast-trackdevelopment.
The ambition of Alberta and Canada to export additional volumes of crude oil to destinations in Asia to reduce the high dependence on exports to the United States has prompted the provincial government to propose thenew 1 million-barrels-per-day oil pipelineto the British Columbia coast.
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Farmers What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… Strait of Hormuz Shipping Traffic Falls Further as Saudi Oil Flows Rise U.S.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
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