News Summary

Nancy Southern, the chief executive of Atco Ltd., has expressed concerns over Alberta’s secession discussions, stating that it is negatively impacting the investment climate. Southern highlighted that Asian partners involved in a significant hydrogen project are hesitant to make final investment decisions due to uncertainties surrounding Alberta’s potential separatism. She emphasized the importance of resolving these issues to maintain investor confidence. Southern also noted the opportunities for Atco’s defense sector amid geopolitical tensions. The company recently secured a $48.4 million contract for a radar defense system in the Northwest Territories, reflecting growing defense needs in Canada.