66 business elite canada
H
MARCH 2016
Notley, in the company of several other
ministers of the provincial and federal gov-
ernments.
Salkeld said, “The biggest takeaway was
that I honestly believed that the Prime
Minister and Premier understand the im-
portance of this industry to the Canadian
economy.”
In response to the current drop in oil prices,
Salkeld advised a strategy that differs from
the current view to expand infrastructure
expenditure. He recommended investing
in pipelines and getting Canadian prod-
ucts to tidewater instead. He believes that
such a move would remedy the unemploy-
ment issue more efficiently compared to a
monetary handout from the government,
particularly if the latter increases national
debt. “I’ve got to always remind people
that Canadian oilfields services companies
are on the leading edge of technology and
development for the responsible recovery
of our oil and gas resources,” Salkeld said.
Although there is general consensus
about the need for further technological
advancement to propel Canada forward,
the world is very much interested in Ca-
nadian technology. Furthermore, Canada
has a responsibility in ensuring the reduc-
tion of worldwide greenhouse gas (GHG)
emissions and one way to achieve this is
by globally introducing equipment that will
help to replace GHG-emitting fuels.
PSAC is actively pursuing these ventures
to bring business and investment opportu-
nities to the nation. Recently, Salkeld went
to India, supported by the federal govern-
ment, to promote trade and investment
between Canada and India while simulta-
neously developing networks for member
companies.
“India is very keen on Canadian technol-
ogy for their resource development as
well as opportunities to invest in Canada,”
Salkeld said.
