A village near me in southern Alberta just built a huge wind farm.

That project was absolutely funded before Alberta slashed all funding for renewables projects [0].

This as well as the failed pipeline projects have made Canadian infrastructure projects very high risk from a lending perspective, becuase there's now a non-insignificant risk that a province can welch out of financing a deal purely for short term political gain.

This announcement is a good announcement, but it's just bluster if the entire ecosystem around liability and policy stability isn't managed.

[0] - https://thenarwhal.ca/alberta-renewable-energy-investment-co...