During a separate announcement in Calgary, Notley said Ottawa isn't listening to what her province and the energy sector actually need.
The enhanced access to capital "will probably" help some small producers, she said, but doesn't get to the root of the problem: getting Alberta's oil to market.
"We didn't ask for the opportunity to go further into debt as a means of addressing this problem. What we asked for was for them to remove the handcuffs," she said.
"What we can only assume is that this is a first step and that there is more to come."
United Conservative Party Leader Jason Kenney called the investment "too little, too late." In a news release, Alberta's opposition leader said if Prime Minister Justin Trudeau's government was serious about helping Alberta energy workers, it would nix Bill C-69 — legislation overhauling Canada's energy project assessment system — and Bill C-48, which would ban oil tankers from the northern B.C. coast.
"Alberta's NDP government made a critical mistake in putting all their faith in their alliance with the Trudeau Liberal government, and today Albertans are facing the consequences," said Kenney.
Sohi pointed to his government's $4.5 billion purchase of the Trans Mountain pipeline as proof of its commitment to the sector.
"The difficult time that Alberta is facing is obviously being reflected in the demonstration rallies that are being held throughout the province," said Sohi.
"My focus is to solve the problem and we are solving that problem by moving forward on the Trans Mountain pipeline expansion."
SOURCE: CBC NEWS