CALGARY/OTTAWA, (Reuters) – Canadian Prime Minister Stephen Harper, now backed by a powerful parliamentary majority, said yesterday the energy sector can rest easy that his government will not impede plans to vastly expand the country’s oil sands output and ship some of the crude to Asia.
Harper, in his Western Canadian home base of Calgary on the morning after his Conservatives won big in the federal election, singled out the Western-based oil industry as being a beneficiary of his party’s pro-business agenda, which will also include corporate tax cuts and deficit reduction. Investors greeted the result with relief.
“There were a lot of policies being quoted
