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Varcoe: Danielle Smith confident Dow's $9B petrochemical project will be built, despite construction delay

calgaryherald
Summary
Nutrition label

72% Informative

Alberta Premier Danielle Smith says she's confident Dow Inc. will move ahead with its $9-billion petrochemical project in Alberta .

Dow announced Thursday that it will delay construction on the massive development in Fort Saskatchewan .

Smith expects other proposed developments critical to Alberta will occur as interest in Canadian energy increases.

The development is the largest capital investment taking place in the province, but it's unfolding during a period of economic turmoil.

Last year , Alberta sold almost $2.7 billion of goods to Japan and $1.2 billion of products to South Korea .

Smith believes the province can grow its trade with South Korea and Japan .

Smith met with officials from Mitsubishi Corp. and Korea Gas Corp. on the LNG Canada project.

VR Score

76

Informative language

74

Neutral language

77

Article tone

semi-formal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

7

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