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Calgary’s business community waded into the highly charged power contract dispute Wednesday, saying any attempt by the NDP government to retroactively change such agreements would be “reckless and dangerous,” turning Alberta into a “banana republic.”

In an interview, Calgary Chamber of Commerce president and CEO Adam Legge criticized the Notley government for leaving the door open to retroactively nullify certain provisions within the existing power purchase arrangements (PPAs).

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Echoing criticism a day earlier from Mayor Naheed Nenshi, Legge said using legislation to alter 16-year-old power agreements would possibly be the “the worst course of action that this government could pursue.”

“It is a decision that would put Alberta back centuries in terms of its ability to be a destination of choice for business,” Legge said.

“We cannot stress enough how reckless and dangerous that move would be both for existing businesses and any future prospect of investment in Alberta.”