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Premier Jason Kenney took a victory lap following Thursday’s Supreme Court decision and predicted that 2020 would be “a great turnaround year for Alberta,” in a speech to investors at the Annual Winter Energy Conference Friday.

“Yesterday we won a critically important victory,” said Kenney, referring to the top court’s decision to reject the B.C government’s move to regulate the flow of heavy oil across its borders on Thursday — one of the last major court challenges to the Trans Mountain pipeline expansion project.

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The decision unanimously endorsed the idea that the federal government has exclusive regulatory jurisdiction over interprovincial infrastructure like pipelines, said Kenney.

His speech offered an optimistic forecast for the oil and gas sector in Alberta and outlined a larger effort aimed at boosting investor confidence abroad. The government has made it an imperative to tell “the fact-based story” of Alberta to capital markets on environmental, social and good governance standards, he said.