Morgan, who named the oil and gas producer Encana to evoke “Energy Canada,” blames the move on Prime Minister Justin Trudeau’s environmental policies, which he has said are making the country irrelevant in the global energy industry. The Newfield deal extends Encana’s reach into the shale fields of Oklahoma. Morgan said he had envisioned that “Canada should have an energy company that stood among the world’s biggest and best.” Encana declined to respond to Morgan’s comments. Article Continued BelowTrudeau’s office responded that his administration has done more to support the energy industry and get its resources to market in his three years in power than the rival Conservatives did in a decade. Encana’s Newfield deal “does not change the fact that Canada is a great place to do business,” Adams said.

Source: thestar November 05, 2018 20:03 UTC