US EditionEnergy sector CEOs call on Ottawa to use emergency powers to speed key projects
- A group of energy sector chief executives is urging federal political leaders to declare a Canadian energy crisis and utilize emergency powers to expedite key projects in the national interest.
- The CEOs advocate for a six-month approval process for major projects and the elimination of the carbon levy on industrial emitters.
- They are proposing loan guarantees to support Indigenous co-investment in new energy projects, emphasizing the need for action now.
- The letter outlines five specific calls for action to encourage growth in Canada's energy sector, including new oil and natural gas pipelines and LNG export terminals.
40 Articles
40 Articles
Energy CEOs Ask Party Leaders to Declare ‘Energy Crisis’, Reduce Oil and Gas Regulations
A group of 14 energy CEOs have written a letter to all major federal parties urging them to declare an “energy crisis” in Canada and use emergency powers to relax regulations within the industry and increase production levels. The CEOs, who represent the 10 largest oil and gas companies and four largest pipeline companies in Canada, suggest several measures to support oil and natural gas investment and “remove the barriers we have imposed on our…
Energy East and GNL Québec could have redirected $38.4 billion worth of energy products per year to markets other than the United States
By Gabriel Giguere The construction of pipelines between Eastern and Western Canada would have helped diversify Canadian export markets and should be considered anew in the context of the U.S. tariff threats, says the MEI in a Viewpoint published this morning. “Canada’s high level of dependence on U.S. trade is not unavoidable,” explains Gabriel Giguère, senior policy analyst and author of the report. “It is the direct result of years of policy …
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