Fort Mac fire losses underscore import of resources to Canadian economy: Clark
VANCOUVER — The catastrophic wildfire devouring Fort McMurray, Alta., underscores the vital contribution of natural resources to Canada’s economic prosperity, say leaders of Western provinces and the three territories.
British Columbia Premier Christy Clark wrapped a two-day summit in Vancouver on Friday by emphasizing their concerns that the wildfire has charred the integral oil sector.
“As Fort McMurray burns, and as the economic infrastructure that has so long supported Canadians is threatened, international observers are suggesting that our economic growth is going to suffer disastrously,” said Clark, surrounded by her counterparts.
“I think that puts the finest point possible on why Western premiers are so focused on making sure that we have investment in our resource economy,” she said, referencing a report from the Bank of Montreal.