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Alberta trade minister:

"NAFTA talks no threat to energy"

Alberta’s minister of trade says Canada’s oil and gas industry has little to worry about as wide-ranging North American trade negotiations get underway.

Speaking Thursday after a conference of state governments in Tacoma, Wash., Minister Deron Bilous said U.S. lawmakers recognize the importance of an integrated energy market.

Bilous said efforts in recent months were helpful in effectively killing the proposal for a border adjustment tax, which could have set tariffs for oil and gas imports from Canada and presented one of the biggest trade threats to the industry.

He said the provincial government is also pushing for more open borders for agriculture and other products, and the need to harmonize regulations to speed up the flow of goods.

Read more at the Financial Post
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