'The announcement between Alberta and Canada is a formidable one, in that it allows us a pathway to building new natural gas-fired power generation in Alberta,' said Capital Power CEO Avik Dey

Moments before introducing Prime Minister Mark Carney at the Calgary Chamber of Commerce to talk about the new Canada-Alberta energy deal, Capital Power CEO Avik Dey was effusive discussing its implications for the electricity sector.

“This is better than we hoped for,” Dey said two weeks ago at the Telus Convention Centre.

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“This is a positive and it’s going to make Alberta more attractive, not less.”

Plans within the deal to sideline the federal Clean Electricity Regulations (CER) in the province — rules the industry said would constrain its ability to develop gas-fired gene

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