Deborah Yedlin and Rachel Notley

Alberta election results: With the worldwide oil price in the dumpster, now is not the right time to upset the business community, Conservative Premier Jim Prentice intoned, according to Rabble. Capital is mobile, warned Deborah Yedlin, a business columnist for CBC Calgary. On Alberta election-day morning the headline in the Globe and Mail Report on Business was: "Energy industry braces for Alberta election results." The NDP leader, now Premier-elect Rachel Notley had, horror of horrors, promised a "review" of the cash benefits -- the royalties -- that the people of Alberta get from the oil and gas that private corporations, many of them foreign, pull out of their soil. And if Notley "royalty review" does not chase away some of the holders of that capital, Yedlin added, raising Alberta corporate tax from a miniscule 10 per cent to a tiny 12 per cent certainly would. The Premier-elect even argued that a more environmentally conscious Alberta government might, possibly, have the moral clout to get some of those stalled pipeline projects moving. Ending boom and bust cycle It is not surprising that in her much-praised victory speech Notley extended her hand in friendship to the corporate bosses of the oil patch. (www.immigrantscanada.com). As reported in the news.