Kenney in UK to boost investment confidence in Alberta’s economy

EDMONTON – Alberta Premier Jason Kenney heads to the UK today for a trip his office says will highlight the province’s “responsible energy sector” and to counter what Kenney says is a campaign against investment in the oilsands.

A news release says Kenney will speak with international business leaders and financial institutions during the three-day trip to London to “reassert investment confidence in Alberta’s economy.”

It says the meetings will also “underscore the province’s reputation as one of the world’s most stable, secure and environmentally responsible energy suppliers.”

Earlier this month, Moody’s Investors Service downgraded the province’s rating to Aa2 stable from Aa1 negative, citing concerns over its reliance on non-renewable resources _ mainly oil.