Talking Keystone, Redford says Canada and U.S. share energy values – Business – CBC News

Alberta Premier Alison Redford says the United States and Canada share political and environmental values and must work together to become energy independent of those who do not.

Redford, speaking to the Foreign Policy Association on Wednesday in New York, said until recently North American energy independence was wishful thinking.

“We looked out at a world in which a significant proportion of energy production occurred in countries run by governments that don’t live up to our values. And we regretted that so much of our money was going to enrich them,” said Redford, according to a prepared text of her speech.

Not anymore, she said, as increased production and technology on both sides of the 49th parallel are closing the gap.

“Canada is the single largest source for U.S. oil imports, so as overall imports diminish, you’ll be able to buy a larger portion of them from us,” she said.

“Your money will go to a country with the same democratic values, and a lot of it will return here, since the U.S. receives 89 cents back for every dollar spent on Canadian goods and services.”

via Talking Keystone, Redford says Canada and U.S. share energy values – Business – CBC News.