CEOs call on Carney to ’take action’ to support domestic energy sector
Author of the article:
Article content
OTTAWA — Canada’s energy CEOs are calling on Prime Minister Mark Carney to claw back some regulations to bolster the oil and gas sector.
In a letter signed by 38 CEOs of Canadian energy companies the day after the election, the industry pitched five suggestions to support investment.
tap here to see other videos from our team.
CEOs call on Carney to ’take action’ to support domestic energy sector Back to video
tap here to see other videos from our team.
They include overhauling the government’s impact assessment process and reducing regulatory timelines to get projects completed faster.
Carney campaigned on boosting Canada’s energy independence and expediting the review process for major energy projects.
The industry leaders also called on the prime minister to eliminate the emissions cap on oil and gas production and the industrial carbon pricing system, arguing that the provinces should be setting carbon regulations.
Carney has said he’ll keep the emissions cap in place _ despite pressure from Alberta Premier Danielle Smith to repeal it _ and also ran on a promise to strengthen industrial carbon pricing.
Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information.