CALGARY — Alberta’s finance minister says Ottawa’s latest fiscal update shows the federal government doesn’t appreciate how badly the price squeeze on western Canadian crude is hurting the Canadian economy. “It’s clear the federal government’s not speaking the same economic language of Albertans,” Joe Ceci said Wednesday. “Ottawa is living in a different economic planet.”Ceci said he was disappointed the fall economic statement included no actions to help Alberta oil producers narrow the price gap between their product and U.S. light crude — around a staggering $45 a barrel recently. Ceci said he would have liked to see a mention of crude-by-rail in the economic statement. “This improves our competitiveness and is a win for Alberta workers and companies,” Ceci said.

Source: National Post November 21, 2018 23:48 UTC