Ministers Dallas and McQueen on the pending sale of AltaLink

Ministers Cal Dallas and Diana McQueen issued the following statement regarding the pending sale of AltaLink.

“The approval from Industry Canada on the sale of AltaLink – from a Quebec-based company to an American-based company – is one step in a review process that ensures Alberta’s interests and needs are reflected.

“The Government of Alberta is committed to protecting Alberta consumers. The proposed sale is still under review by the independent Alberta Utilities Commission (AUC) to ensure there is no negative impact on rates, reliability and overall service.

“Alberta has both a solid investment climate and the regulatory environment to make sure Albertans are looked after, and we need electricity infrastructure to support the continued growth and development currently underway in our province.

“It is important to note that any company choosing to invest in Alberta’s transmission sector must respect and follow Alberta’s laws and regulations. The AUC regulates our electricity system to ensure that Albertans are protected.”