The Fairmont Chateau Whistler, where the annual Whistler Institutional Investor Conference is being held in January. The fallout from the mayor of Whistler’s request for an Alberta energy giant to pay for climate change expenses could now affect the resort municipality’s bottom line. CIBC has confirmed it has removed the oil and gas portion from the agenda of its annual Whistler Institutional Investor Conference, which is set to kick off in January. The news comes after Global News confirmed at least one energy company, PrairieSky, had pulled out, specifically citing the request, which analysts in Alberta said had sparked outrage and “sadness” throughout the industry. READ MORE: Whistler request for Alberta oilsands company to cover climate change expenses causes outrage The industry’s shunning of the conference, which will be celebrating its 22nd year, is further evidence that Whistler Mayor Jack Crompton’s letter to Canadian Natural Resources Ltd. (CNRL) has struck a nerve. In the letter dated Nov. 15 , Crompton asked the company to cover the costs being paid by taxpayers to deal with flooding, drought and extreme weather, which the mayor argues are being caused directly by CNRL’s operations. READ MORE: Climate change means more disease, deaths for […]
