Scotiabank CEO calls for end to political bickering over energy projects – Calgary Herald
April 9, 2015
Canadian leaders must put aside bickering and indecision to ensure major energy projects get done before global markets move on to other suppliers, Bank of Nova Scotia chief executive Brian Porter said in his first foray into public policy.
“Our inability to deliver energy to world markets is detrimental to Canada’s economy,” Porter, 57, said in the text of prepared remarks for his speech at Scotiabank’s annual investors meeting Thursday in Ottawa. “It is also detrimental to our country’s brand and future economic prospects for all Canadians.”
Porter, whose comments signal his willingness to wade into broader national issues for the first time since becoming CEO in November 2013, said global market access for the country’s energy must be a “common objective” that corporate, government and community leaders pursue vigorously.
