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‘They are very concerned’: ATCO CEO says Alberta separation conversation is scaring potential investors

Nancy Southern, CEO of Atco Ltd., said on May 14, 2025, that Alberta separatism talks are hurting investment confidence in Calgary.
This concern arises amid rising separatist sentiment in Alberta following the federal Liberals' fourth term win and Premier Danielle Smith's referendum bill.
Southern highlighted questions investors have about an independent Alberta's trade deals, economy, currency and product access to ports, which stall decisions.
Atco recently received a $48.4 million two-year defence contract for a Northwest Territories radar system amid a complex geopolitical and economic environment.
Southern warned the separatist debate is unhelpful to Alberta's future investments and stressed the need to focus on collaboration and northern economic development.

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Calgary Herald

Lean Right

Varcoe: ATCO head says separation talk 'impacting investments now,' as Canada aims to be energy superpower

ATCO Ltd. chief executive Nancy Southern is concerned about the effect separation talk in Alberta is having on business investment.

52 minutes ago·Calgary, Canada

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Global News

Lean Left

Alberta separatism talk ‘unhelpful’ and driving away investment: ATCO CEO

ATCO CEO Nancy Southern said Asian partners in a major hydrogen project say they won't make final investment decisions unless there is certainty around the separatism question.

3 hours ago·Toronto, Canada

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CBC News

Lean Left

Alberta secession talk 'unhelpful,' ATCO chief executive says

ATCO CEO Nancy Southern says the prospect of Alberta independence is raising too many questions for companies to feel confident making big investment decisions in the province.

4 hours ago·Canada

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