VIDEO: The Oil & Gas Emissions Cap is an Ill-Conceived Policy
Canada’s oilsands sector will reach a massive milestone sometime in the fourth quarter of 2024: $1 trillion in cumulative spending injected into the Canadian economy. According to Heather Exner-Pirot, the Director of Energy, Natural Resources and Environment at the Macdonald-Laurier Institute, a...
A changing U.S. administration has many Canadian leaders wondering if now is the right time for a federal emissions cap. Even Bill Morneau, Canada’s Finance Minister from 2015 to 2020, questions whether the draft legislation is the right policy given the circumstances in an interview with CTV. W...
Canada has announced plans to cap production emissions in the oil and gas sector. Many leaders and organizations see the ill-conceived policy as a de facto production cap on Canada’s job-creating, prosperity-generating oil and gas industry, leading to widespread adverse economic impacts on the C...
Canada’s oil and gas emissions/production cap is in the spotlight for all the wrong reasons. A media release by the Montreal Economic Institute (MEI) highlights that the policy could have significant adverse effects on employment in Canada, with countless jobs lost over the next several years. W...
Canada's oil and gas emissions/production cap on its job-creating, prosperity-generating oil and gas sector is receiving relentless criticism from leaders nationwide. The general consensus is that the cap could: Reduce Canadian oil and natural gas production for compliance Make Canadian energy ...
After years of strife, the Trans Mountain Pipeline Expansion (TMX) project finally made it to completion. Bravo! Despite regulatory hurdles, activist obstructions, court challenges, and near cancellations, the pipeline is now shipping Canadian oil to buyers worldwide, including India, China, Bru...
How Could Canada's Oil & Gas Emissions Cap Affect the Economy? Canada's plans to roll out an oil and gas emissions cap could not come at a worse time. While millions of families struggle to make ends meet, Canadian leaders are sounding the alarm on the unnecessary policy, calling it a de fac...
Canada is a global energy powerhouse that supplies the world with approximately 6% of its oil and 4% of its natural gas. Home to just 0.5% of the population, Canadians undoubtedly play an oversized role in producing the energy our world needs. But the oil and gas sector also plays an oversized r...